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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $83,674 |
HIGHTOWER ADVISORS LLC4 years Filed as: HIGHTOWER ADVISORS, LLC Service code 27 · EIN 36-4500709 | Advisory (Plan) | $44,560 |
THE BENEFIT PRACTICE3 years Service code 49 · EIN 13-4144565 | Other Services | $6,372 |
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 | $80,544 | $66,813+20.6% | $100,516-19.9% | $73,488+9.6% |
| Participation rate | 93.1% | 77.5%+15.6pp | 79.4%+13.7pp | 70.7%+22.4pp |
| Annual return | 16.30% | 25.70%-9.4pp | 30.89%-14.6pp | 28.51%-12.2pp |
| Employer contribution / active EE | $4,187 | $2,147+95.1% | $3,418+22.5% | $2,270+84.5% |
| Participant deferral / active EE | $9,346 | $5,883+58.9% | $6,270+49.1% | $3,740+149.9% |
| Admin fee / account holder | $377 | $512-26.4% | $8,081-95.3% | $513-26.5% |