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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $192,816 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $29,662 |
WITHUMSMITH+BROWN, PC2 years Filed as: BROWN STRAUSS, INC. Service code 13 · EIN 47-2673099 | Contract Administrator | $0 |
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 | $112,983 | $88,083+28.3% | $164,813-31.4% | $74,495+51.7% |
| Participation rate | 97.1% | 73.0%+24.1pp | 78.6%+18.5pp | 67.2%+29.9pp |
| Annual return | 15.85% | 17.26%-1.4pp | 69.93%-54.1pp | 1364.94%-1349.1pp |
| Employer contribution / active EE | $4,389 | $2,593+69.3% | $4,341+1.1% | $2,623+67.3% |
| Participant deferral / active EE | $6,590 | $4,498+46.5% | $6,031+9.3% | $4,346+51.6% |
| Admin fee / account holder | $722 | $2,234-67.7% | $12,690-94.3% | $1,942-62.8% |