Filed June 23, 2022 (most recent of 3 filings on file)
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 | $142,458 |
EXECUTIVE INSURANCE AGENCY INC11+ years Service code 49 · EIN 34-1004471 | Other Services | $26,167 |
VALMARK ADVISERS INC11+ years Filed as: VALMARK SECURITIES INC Service code 49 · EIN 34-1724087 | Other Services | $17,519 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $211,804 | $50,982+315.5% | $154,803+36.8% | $85,563+147.5% |
| Participation rate | 99.7% | 59.8%+39.9pp | 78.1%+21.6pp | 66.0%+33.7pp |
| Annual return | 13.94% | 30.35%-16.4pp | 58.88%-44.9pp | 31.51%-17.6pp |
| Employer contribution / active EE | $8,279 | $1,708+384.6% | $4,305+92.3% | $2,654+212.0% |
| Participant deferral / active EE | $11,208 | $2,474+353.0% | $5,540+102.3% | $4,375+156.2% |
| Admin fee / account holder | $253 | $846-70.1% | $14,329-98.2% | $834-69.7% |