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 10-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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $65,284 |
HIGHTOWER ADVISORS LLC2 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $34,916 |
THE BENEFIT PRACTICE1 year Service code 49 · EIN 13-4144565 | Other Services | $5,906 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,346 | $61,214-12.9% | $83,333-36.0% | $56,287-5.2% |
| Participation rate | 96.1% | 72.6%+23.5pp | 77.8%+18.3pp | 69.9%+26.3pp |
| Annual return | -6.29% | 0.42%-6.7pp | 10.63%-16.9pp | -9.96%+3.7pp |
| Employer contribution / active EE | $4,002 | $1,925+107.9% | $3,379+18.5% | $2,111+89.6% |
| Participant deferral / active EE | $8,643 | $5,091+69.8% | $5,565+55.3% | $3,350+158.0% |
| Admin fee / account holder | $308 | $512-39.8% | $7,510-95.9% | $521-40.9% |