Filed March 7, 2019 (most recent of 2 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $60,628 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $55,707 |
COASTAL PENSION SERVICES5 years Filed as: COASTAL PENSION SERVICE, INC. Service code 13 | Contract Administrator | $14,703 |
COASTAL PENSION SERVICES5 years Filed as: COASTAL PENSION SERVICES, INC. Service code 13 · EIN 52-1053785 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $93,734 | $78,419+19.5% | $133,956-30.0% | $73,409+27.7% |
| Participation rate | 97.0% | 78.6%+18.4pp | 79.8%+17.2pp | 72.2%+24.8pp |
| Annual return | 20.05% | 33.35%-13.3pp | 45.09%-25.0pp | 59.29%-39.2pp |
| Employer contribution / active EE | $1,949 | $2,044-4.6% | $3,919-50.3% | $2,234-12.7% |
| Participant deferral / active EE | $4,783 | $3,925+21.8% | $5,048-5.3% | $3,805+25.7% |
| Admin fee / account holder | $320 | $161+98.1% | $8,927-96.4% | $158+102.4% |