Filed May 17, 2021 (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 9-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 | $72,548 |
MMA SECURITIES LLC2 years Service code 27 · EIN 22-3570392 | Advisory (Plan) | $21,978 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $47,508 | $44,897+5.8% | $84,966-44.1% | $199,593-76.2% |
| Participation rate | 16.1% | 45.7%-29.6pp | 67.5%-51.4pp | 72.0%-55.8pp |
| Annual return | 16.98% | 20.96%-4.0pp | 66.38%-49.4pp | 34.25%-17.3pp |
| Employer contribution / active EE | $151 | $1,365-89.0% | $2,727-94.5% | $3,034-95.0% |
| Participant deferral / active EE | $805 | $2,668-69.8% | $4,519-82.2% | $5,087-84.2% |
| Admin fee / account holder | $163 | $584-72.1% | $6,149-97.3% | $269-39.3% |