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 | $40,719 |
Filed as: GLOBAL RETIREMENT Service code 26 · EIN 35-2552359 | Advisory (Participants) | $28,500 |
STRATEGIC ADVISORS, INC.4 years Filed as: STRATEGIC RET ADMINISTRATION LLC Service code 49 · EIN 27-4018270 | Other Services | $13,687 |
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 | $57,776 | $92,971-37.9% | $96,683-40.2% | $74,419-22.4% |
| Participation rate | 94.4% | 71.5%+22.8pp | 74.3%+20.0pp | 70.7%+23.6pp |
| Annual return | 26.71% | 37.49%-10.8pp | 35.69%-9.0pp | 34.38%-7.7pp |
| Employer contribution / active EE | $2,109 | $3,426-38.4% | $3,737-43.6% | $2,637-20.0% |
| Participant deferral / active EE | $6,919 | $3,970+74.3% | $4,878+41.8% | $4,528+52.8% |
| Admin fee / account holder | $118 | $633-81.4% | $6,730-98.3% | $348-66.2% |