Filed March 21, 2018
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $88,454 |
ROYAL ALLIANCE ASSOCIATES INC7+ years Service code 49 · EIN 93-0987232 | Other Services | $19,734 |
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 | $183,140 | $78,672+132.8% | $109,143+67.8% | $85,850+113.3% |
| Participation rate | 100.0% | 68.3%+31.7pp | 75.9%+24.1pp | 69.3%+30.7pp |
| Annual return | 16.11% | 25.09%-9.0pp | 25.75%-9.6pp | 318.53%-302.4pp |
| Employer contribution / active EE | $3,247 | $2,735+18.7% | $3,722-12.8% | $2,565+26.6% |
| Participant deferral / active EE | $8,875 | $3,467+156.0% | $4,653+90.7% | $3,952+124.6% |
| Admin fee / account holder | $555 | $5,469-89.8% | $6,752-91.8% | $6,260-91.1% |