Filed March 28, 2023 (most recent of 3 filings on file)
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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $105,683 |
PRIME BENEFITS, INC.6 years Filed as: PRIME BENEFITS INC. Service code 13 | Contract Administrator | $22,689 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $20,000 |
PRIME BENEFITS, INC.2 years Service code 13 · EIN 52-2204662 | Contract Administrator | $2,175 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $130,244 | $65,557+98.7% | $64,056+103.3% | $71,457+82.3% |
| Participation rate | 93.7% | 73.2%+20.5pp | 72.3%+21.4pp | 67.9%+25.8pp |
| Annual return | 17.04% | 18.94%-1.9pp | 33.69%-16.6pp | 28.85%-11.8pp |
| Employer contribution / active EE | $3,981 | $2,669+49.2% | $2,747+45.0% | $2,588+53.9% |
| Participant deferral / active EE | $6,785 | $3,626+87.1% | $3,880+74.9% | $4,289+58.2% |
| Admin fee / account holder | $266 | $616-56.7% | $3,068-91.3% | $1,587-83.2% |