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 | $170,701 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH ADVIS Service code 27 · EIN 20-1665305 | Advisory (Plan) | $84,758 |
Filed as: PENSION FINANCIAL SERVICES Service code 49 | Other Services | $20,006 |
PENSION FINANCIAL SERVICES, INC.11+ 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 | $62,465 | $94,876-34.2% | $82,389-24.2% | $102,872-39.3% |
| Participation rate | 47.0% | 70.6%-23.6pp | 69.5%-22.5pp | 73.0%-26.0pp |
| Annual return | 16.45% | 17.83%-1.4pp | 28.67%-12.2pp | 19.06%-2.6pp |
| Employer contribution / active EE | $365 | $3,789-90.4% | $2,517-85.5% | $3,526-89.6% |
| Participant deferral / active EE | $2,721 | $4,496-39.5% | $4,155-34.5% | $5,535-50.8% |
| Admin fee / account holder | $240 | $214+12.3% | $7,231-96.7% | $292-17.7% |