Filed November 22, 2017
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $58,339 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $33,059 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $78,752 | $84,487-6.8% | $125,339-37.2% | $66,914+17.7% |
| Participation rate | 63.2% | 76.4%-13.3pp | 82.4%-19.2pp | 69.8%-6.6pp |
| Annual return | -14.34% | -8.39%-6.0pp | 572.05%-586.4pp | 1.58%-15.9pp |
| Employer contribution / active EE | $2,149 | $3,553-39.5% | $4,814-55.4% | $2,544-15.5% |
| Participant deferral / active EE | $6,596 | $6,781-2.7% | $7,446-11.4% | $4,237+55.7% |
| Admin fee / account holder | $314 | $685-54.2% | $10,010-96.9% | $593-47.1% |