Filed October 7, 2019
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: PRINICPAL LIFE INSURANCE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $157,176 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH ADVIS Service code 27 · EIN 20-1665305 | Advisory (Plan) | $78,759 |
Filed as: PENSION FINANCIAL SERVICES Service code 49 | Other Services | $18,907 |
PENSION FINANCIAL SERVICES, INC.10+ years Service code 49 · EIN 58-1485803 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,326 | $81,302-17.2% | $76,002-11.4% | $199,768-66.3% |
| Participation rate | 43.2% | 70.1%-26.9pp | 69.1%-25.9pp | 72.0%-28.9pp |
| Annual return | 14.26% | 16.31%-2.1pp | 360.07%-345.8pp | 34.26%-20.0pp |
| Employer contribution / active EE | $381 | $3,352-88.6% | $2,688-85.8% | $3,037-87.5% |
| Participant deferral / active EE | $2,940 | $4,721-37.7% | $4,257-30.9% | $5,090-42.2% |
| Admin fee / account holder | $276 | $145+90.2% | $6,414-95.7% | $269+2.6% |