Filed October 28, 2020 (most recent of 4 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 | $300,947 |
CAPFINANCIAL PARTNERS LLC6 years Filed as: CAPFINANCIAL PARTNERS, L Service code 27 · EIN 26-0058143 | Advisory (Plan) | $67,931 |
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $118,631 | $160,882-26.3% | $200,582-40.9% | $102,872+15.3% |
| Participation rate | 95.6% | 91.2%+4.4pp | 86.9%+8.7pp | 73.0%+22.6pp |
| Annual return | 22.02% | 18.15%+3.9pp | 42.33%-20.3pp | 19.06%+3.0pp |
| Employer contribution / active EE | $2,248 | $5,602-59.9% | $6,419-65.0% | $3,526-36.3% |
| Participant deferral / active EE | $7,014 | $9,300-24.6% | $9,331-24.8% | $5,535+26.7% |
| Admin fee / account holder | $112 | $125-10.4% | $16,305-99.3% | $292-61.8% |