Filed October 30, 2018 (most recent of 2 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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $30,088 |
Filed as: GLOBAL RETIREMENT Service code 26 · EIN 35-2552359 | Advisory (Participants) | $15,000 |
STRATEGIC ADVISORS, INC.2 years Filed as: STRATEGIC RET ADMINISTRATION LLC Service code 49 · EIN 27-4018270 | Other Services | $10,882 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $84,364 | $78,275+7.8% | $109,143-22.7% | $86,799-2.8% |
| Participation rate | 63.2% | 73.8%-10.6pp | 75.9%-12.6pp | 72.3%-9.1pp |
| Annual return | 21.64% | 19.14%+2.5pp | 25.75%-4.1pp | 97.91%-76.3pp |
| Employer contribution / active EE | $1,379 | $3,105-55.6% | $3,722-62.9% | $2,405-42.7% |
| Participant deferral / active EE | $4,822 | $3,641+32.4% | $4,653+3.6% | $4,131+16.7% |
| Admin fee / account holder | $146 | $198-26.5% | $6,752-97.8% | $170-13.9% |