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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $164,043 |
PERFORMANCE BANKERS, INC.7 years Service code 13 · EIN 46-0373528 | Contract Administrator | $27,475 |
Filed as: GALLAGER BENEFIT SERVICES, INC. Service code 16 · EIN 36-4291971 | Consulting | $26,000 |
MORNINGSTAR2 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 | $102,950 | $82,978+24.1% | $130,231-20.9% | $74,419+38.3% |
| Participation rate | 98.0% | 73.7%+24.3pp | 76.3%+21.7pp | 70.7%+27.2pp |
| Annual return | 16.03% | 123.05%-107.0pp | 38.77%-22.7pp | 34.38%-18.4pp |
| Employer contribution / active EE | $4,019 | $3,391+18.5% | $4,126-2.6% | $2,637+52.4% |
| Participant deferral / active EE | $5,864 | $5,370+9.2% | $6,799-13.7% | $4,528+29.5% |
| Admin fee / account holder | $188 | $354-46.9% | $6,020-96.9% | $348-46.0% |