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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $94,121 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $33,138 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE AND MORAN LLP Service code 10 · EIN 38-1357951 | Accounting | $8,033 |
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 | $163,458 | $93,182+75.4% | $146,665+11.5% | $79,386+105.9% |
| Participation rate | 98.5% | 76.4%+22.1pp | 80.1%+18.5pp | 70.7%+27.8pp |
| Annual return | 10.67% | 21.61%-10.9pp | 22.74%-12.1pp | 116.85%-106.2pp |
| Employer contribution / active EE | $5,381 | $2,420+122.4% | $4,136+30.1% | $2,427+121.7% |
| Participant deferral / active EE | $7,491 | $4,169+79.7% | $5,506+36.0% | $4,046+85.2% |
| Admin fee / account holder | $350 | $585-40.2% | $10,280-96.6% | $626-44.1% |