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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $66,236 |
OSAIC WEALTH INC2 years Service code 49 · EIN 93-0987232 | Other Services | $23,976 |
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 | $181,561 | $80,724+124.9% | $103,333+75.7% | $74,495+143.7% |
| Participation rate | 94.7% | 65.7%+29.0pp | 74.5%+20.2pp | 67.2%+27.5pp |
| Annual return | 15.35% | 27.56%-12.2pp | 24.88%-9.5pp | 1364.94%-1349.6pp |
| Employer contribution / active EE | $3,310 | $3,157+4.8% | $3,868-14.4% | $2,623+26.2% |
| Participant deferral / active EE | $8,726 | $3,860+126.1% | $5,057+72.5% | $4,346+100.8% |
| Admin fee / account holder | $422 | $2,368-82.2% | $8,355-95.0% | $1,942-78.3% |