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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $86,358 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $31,213 |
PLANTE & MORAN, PLLC2 years Filed as: PLANTE AND MORAN LLP Service code 10 · EIN 38-1357951 | Accounting | $8,383 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $164,106 | $86,655+89.4% | $119,609+37.2% | $66,914+145.2% |
| Participation rate | 98.0% | 75.6%+22.5pp | 79.3%+18.8pp | 69.8%+28.2pp |
| Annual return | 7.84% | -8.00%+15.8pp | -14.97%+22.8pp | 1.58%+6.3pp |
| Employer contribution / active EE | $3,073 | $2,536+21.2% | $4,232-27.4% | $2,544+20.8% |
| Participant deferral / active EE | $7,399 | $4,358+69.8% | $5,602+32.1% | $4,237+74.6% |
| Admin fee / account holder | $326 | $755-56.8% | $10,323-96.8% | $593-45.1% |