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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $72,534 |
OSAIC WEALTH INC3 years Service code 49 · EIN 93-0987232 | Other Services | $25,954 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $202,058 | $86,944+132.4% | $107,525+87.9% | $74,304+171.9% |
| Participation rate | 98.2% | 59.6%+38.6pp | 75.1%+23.1pp | 60.3%+37.8pp |
| Annual return | 13.11% | 23.52%-10.4pp | 181.32%-168.2pp | 29.43%-16.3pp |
| Employer contribution / active EE | $3,574 | $2,757+29.7% | $3,754-4.8% | $2,241+59.5% |
| Participant deferral / active EE | $10,531 | $3,554+196.3% | $5,116+105.9% | $3,767+179.5% |
| Admin fee / account holder | $465 | $3,727-87.5% | $8,919-94.8% | $2,969-84.3% |