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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,663 |
OSAIC WEALTH INC1 year Service code 49 · EIN 93-0987232 | Other Services | $21,241 |
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 | $154,926 | $76,670+102.1% | $96,683+60.2% | $71,457+116.8% |
| Participation rate | 96.3% | 66.6%+29.8pp | 74.3%+22.0pp | 67.9%+28.4pp |
| Annual return | 16.00% | 48.29%-32.3pp | 35.69%-19.7pp | 28.85%-12.8pp |
| Employer contribution / active EE | $3,108 | $3,031+2.5% | $3,737-16.8% | $2,588+20.1% |
| Participant deferral / active EE | $8,595 | $3,771+127.9% | $4,878+76.2% | $4,289+100.4% |
| Admin fee / account holder | $451 | $2,028-77.8% | $6,730-93.3% | $1,587-71.6% |