Filed July 19, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $116,690 |
OSAIC WEALTH INC1 year Filed as: OSAIC WEALTH INC. Service code 27 · EIN 93-0987232 | Advisory (Plan) | $44,813 |
ORENDA RETIREMENT, LLC2+ years Filed as: ORENDA RETIREMENT LLC Service code 13 · EIN 36-4877979 | Contract Administrator | $32,410 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Filed as: WILSHIRE ASSOCIATED INC. Service code 27 | Advisory (Plan) | $0 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Filed as: WILSHIRE ASSOCIATED INCORPORATED Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,324 | $50,815-38.4% | $155,509-79.9% | $77,643-59.7% |
| Participation rate | 83.9% | 63.1%+20.8pp | 78.2%+5.7pp | 70.6%+13.4pp |
| Annual return | 41.72% | 34.80%+6.9pp | 64.67%-22.9pp | 31.24%+10.5pp |
| Employer contribution / active EE | $1,214 | $1,993-39.1% | $4,672-74.0% | $2,726-55.5% |
| Participant deferral / active EE | $2,677 | $2,822-5.1% | $5,626-52.4% | $4,647-42.4% |
| Admin fee / account holder | $207 | $437-52.6% | $15,912-98.7% | $430-51.9% |