Filed August 17, 2017
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $222,359 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $102,677 | $122,186-16.0% | $146,958-30.1% | $199,593-48.6% |
| Participation rate | 87.8% | 78.3%+9.5pp | 82.2%+5.6pp | 72.0%+15.8pp |
| Annual return | 17.47% | 30.56%-13.1pp | 418.34%-400.9pp | 34.25%-16.8pp |
| Employer contribution / active EE | $0 | $4,093-100.0% | $4,933-100.0% | $3,034-100.0% |
| Participant deferral / active EE | $10,119 | $8,502+19.0% | $8,070+25.4% | $5,087+98.9% |
| Admin fee / account holder | $99 | $179-44.9% | $12,998-99.2% | $269-63.3% |