Filed September 21, 2016
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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $118,016 |
Filed as: MML INVESTORS SERVICES LLC Service code 49 · EIN 04-2746212 | Other Services | $31,166 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $72,213 | $131,799-45.2% | $200,582-64.0% | $85,563-15.6% |
| Participation rate | 97.3% | 87.9%+9.4pp | 86.9%+10.4pp | 66.0%+31.3pp |
| Annual return | 14.54% | 21.59%-7.1pp | 42.33%-27.8pp | 31.51%-17.0pp |
| Employer contribution / active EE | $2,221 | $4,532-51.0% | $6,419-65.4% | $2,654-16.3% |
| Participant deferral / active EE | $4,459 | $7,702-42.1% | $9,331-52.2% | $4,375+1.9% |
| Admin fee / account holder | $263 | $235+11.8% | $16,305-98.4% | $834-68.5% |