Filed July 22, 2020
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,374 |
SOUTHERN PENSION SERVICES5 years Service code 13 · EIN 59-3461974 | Contract Administrator | $12,874 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,429 | $92,090-70.2% | $106,201-74.2% | $77,671-64.7% |
| Participation rate | 79.8% | 81.0%-1.3pp | 75.3%+4.5pp | 70.6%+9.2pp |
| Annual return | 10.89% | 17.89%-7.0pp | 116.26%-105.4pp | 31.21%-20.3pp |
| Employer contribution / active EE | $0 | $3,368-100.0% | $3,170-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $3,545 | $5,386-34.2% | $5,012-29.3% | $4,648-23.7% |
| Admin fee / account holder | $88 | $219-59.7% | $11,039-99.2% | $430-79.5% |