Filed September 21, 2018
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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $86,514 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $32,719 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE AND MORAN PLLC Service code 10 · EIN 38-1357951 | Accounting | $9,022 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $157,801 | $81,474+93.7% | $133,956+17.8% | $73,488+114.7% |
| Participation rate | 95.9% | 76.4%+19.5pp | 79.8%+16.0pp | 70.7%+25.2pp |
| Annual return | 8.83% | 19.40%-10.6pp | 45.09%-36.3pp | 28.51%-19.7pp |
| Employer contribution / active EE | $2,947 | $2,209+33.4% | $3,919-24.8% | $2,270+29.8% |
| Participant deferral / active EE | $4,367 | $3,786+15.3% | $5,048-13.5% | $3,740+16.8% |
| Admin fee / account holder | $315 | $713-55.9% | $8,927-96.5% | $513-38.7% |