Filed July 24, 2023
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $32,626 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $8,389 |
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 | $212,882 | $72,277+194.5% | $101,248+110.3% | $79,858+166.6% |
| Participation rate | 98.8% | 68.5%+30.4pp | 75.8%+23.0pp | 69.6%+29.2pp |
| Annual return | 22.54% | 22.30%+0.2pp | 46.47%-23.9pp | 31.71%-9.2pp |
| Employer contribution / active EE | $3,770 | $2,692+40.1% | $3,660+3.0% | $2,471+52.6% |
| Participant deferral / active EE | $2,870 | $3,282-12.6% | $4,370-34.3% | $3,740-23.3% |
| Admin fee / account holder | $284 | $4,400-93.6% | $5,945-95.2% | $5,306-94.7% |