Filed December 21, 2015 (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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $64,759 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $34,219 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $157,686 | $56,317+180.0% | $71,209+121.4% | $74,304+112.2% |
| Participation rate | 88.0% | 55.1%+32.9pp | 73.8%+14.3pp | 60.3%+27.7pp |
| Annual return | 15.28% | 42.83%-27.5pp | 282.51%-267.2pp | 29.43%-14.1pp |
| Employer contribution / active EE | $5,630 | $2,160+160.7% | $2,721+106.9% | $2,241+151.2% |
| Participant deferral / active EE | $10,543 | $2,788+278.2% | $4,175+152.5% | $3,767+179.9% |
| Admin fee / account holder | $410 | $2,290-82.1% | $5,349-92.3% | $2,969-86.2% |