Filed April 27, 2022
Total covered: 2 employees
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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $202,537 |
Service code 16 · EIN 36-4291971 | Consulting | $26,000 |
EIDE BAILLY LLP2 years Filed as: EIDE BAILLY Service code 10 · EIN 45-0250958 | Accounting | $23,752 |
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,187 | $102,204+28.4% | $145,661-9.9% | $85,563+53.3% |
| Participation rate | 98.2% | 70.6%+27.6pp | 77.2%+21.0pp | 66.0%+32.2pp |
| Annual return | 15.76% | 16.68%-0.9pp | 101.46%-85.7pp | 31.51%-15.8pp |
| Employer contribution / active EE | $4,186 | $3,600+16.3% | $4,238-1.2% | $2,654+57.7% |
| Participant deferral / active EE | $6,371 | $5,729+11.2% | $7,198-11.5% | $4,375+45.6% |
| Admin fee / account holder | $226 | $647-65.1% | $12,466-98.2% | $834-72.9% |