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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $65,553 |
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $64,485 |
COASTAL PENSION SERVICES8 years Filed as: COASTAL PENSION SERVICE, INC. Service code 13 | Contract Administrator | $18,177 |
COASTAL PENSION SERVICES8 years Filed as: COASTAL PENSION SERVICES, INC. Service code 13 · EIN 52-1053785 | Contract Administrator | $18,177 |
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 | $91,844 | $91,372+0.5% | $129,995-29.3% | $74,419+23.4% |
| Participation rate | 95.3% | 77.8%+17.5pp | 78.5%+16.8pp | 70.7%+24.5pp |
| Annual return | 22.19% | 23.21%-1.0pp | -137.18%+159.4pp | 34.38%-12.2pp |
| Employer contribution / active EE | $2,104 | $2,563-17.9% | $4,320-51.3% | $2,637-20.2% |
| Participant deferral / active EE | $5,088 | $4,721+7.8% | $5,820-12.6% | $4,528+12.4% |
| Admin fee / account holder | $330 | $283+16.5% | $10,614-96.9% | $348-5.1% |