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 | $38,687 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $19,574 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $203,795 | $81,460+150.2% | $103,333+97.2% | $80,856+152.0% |
| Participation rate | 100.0% | 66.8%+33.2pp | 74.5%+25.5pp | 67.6%+32.4pp |
| Annual return | -3.94% | 25.55%-29.5pp | 24.88%-28.8pp | 35.59%-39.5pp |
| Employer contribution / active EE | $5,451 | $3,105+75.5% | $3,868+40.9% | $2,755+97.9% |
| Participant deferral / active EE | $3,871 | $3,869+0.1% | $5,057-23.5% | $4,296-9.9% |
| Admin fee / account holder | $271 | $6,566-95.9% | $8,355-96.8% | $6,918-96.1% |