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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,646 |
ROYAL ALLIANCE ASSOCIATES INC8+ years Service code 49 · EIN 93-0987232 | Other Services | $18,574 |
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 | $147,481 | $64,707+127.9% | $112,228+31.4% | $68,494+115.3% |
| Participation rate | 96.9% | 67.2%+29.8pp | 75.1%+21.9pp | 67.9%+29.1pp |
| Annual return | -16.87% | -11.40%-5.5pp | 27.45%-44.3pp | -7.84%-9.0pp |
| Employer contribution / active EE | $2,974 | $2,746+8.3% | $3,635-18.2% | $2,596+14.5% |
| Participant deferral / active EE | $7,788 | $3,565+118.5% | $4,728+64.7% | $4,027+93.4% |
| Admin fee / account holder | $474 | $5,232-90.9% | $6,410-92.6% | $5,403-91.2% |