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: GLOBAL RETIREMENT Service code 26 · EIN 35-2552359 | Advisory (Participants) | $38,000 |
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $32,864 |
STRATEGIC ADVISORS, INC.3 years Filed as: STRATEGIC RET ADMINISTRATION LLC Service code 49 · EIN 27-4018270 | Other Services | $12,906 |
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 | $66,831 | $106,236-37.1% | $112,228-40.5% | $64,808+3.1% |
| Participation rate | 65.3% | 71.7%-6.3pp | 75.1%-9.7pp | 71.5%-6.1pp |
| Annual return | -13.82% | -6.02%-7.8pp | 27.45%-41.3pp | 32.82%-46.6pp |
| Employer contribution / active EE | $1,643 | $3,166-48.1% | $3,635-54.8% | $2,506-34.4% |
| Participant deferral / active EE | $5,519 | $3,785+45.8% | $4,728+16.7% | $4,310+28.0% |
| Admin fee / account holder | $191 | $452-57.7% | $6,410-97.0% | $188+1.7% |