Filed November 9, 2016 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 5-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $73,388 |
MORGAN STANLEY SMITH BARNEY5+ years Filed as: MORGAN STANLEY GLOBAL BANKING OPERA Service code 49 · EIN 20-8764829 | Other Services | $62,833 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $271,816 | $79,171+243.3% | $102,423+165.4% | $74,495+264.9% |
| Participation rate | 98.0% | 74.8%+23.2pp | 76.5%+21.5pp | 67.2%+30.8pp |
| Annual return | 13.18% | 54.93%-41.8pp | 29.32%-16.1pp | 1364.94%-1351.8pp |
| Employer contribution / active EE | $9,135 | $2,362+286.7% | $3,023+202.2% | $2,623+248.3% |
| Participant deferral / active EE | $11,797 | $4,415+167.2% | $5,053+133.5% | $4,346+171.5% |
| Admin fee / account holder | $617 | $2,001-69.2% | $9,451-93.5% | $1,942-68.2% |