Filed June 4, 2020
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 |
|---|---|---|
LOCKTON INVESTMENT ADVISORS, LLC2+ years Filed as: LOCKTON FINANCIAL ADVISORS LLC Service code 49 · EIN 20-3247391 | Other Services | $9,589 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,673 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $46,249 | $57,921-20.2% | $84,750-45.4% | $57,658-19.8% |
| Participation rate | 57.2% | 72.9%-15.8pp | 76.6%-19.4pp | 70.2%-13.1pp |
| Annual return | 8.25% | 10.24%-2.0pp | 22.78%-14.5pp | 5.13%+3.1pp |
| Employer contribution / active EE | $1,418 | $2,598-45.4% | $3,574-60.3% | $1,974-28.1% |
| Participant deferral / active EE | $2,378 | $2,742-13.3% | $3,712-35.9% | $3,061-22.3% |
| Admin fee / account holder | $18 | $130-86.0% | $5,332-99.7% | $95-80.8% |