Filed March 26, 2019
Total covered: 45 employees
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 | $71,046 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $53,220 | $88,890-40.1% | $102,423-48.0% | $77,643-31.5% |
| Participation rate | 95.7% | 80.9%+14.7pp | 76.5%+19.2pp | 70.6%+25.1pp |
| Annual return | 16.89% | 24.98%-8.1pp | 29.32%-12.4pp | 31.24%-14.3pp |
| Employer contribution / active EE | $2,880 | $2,698+6.8% | $3,023-4.7% | $2,726+5.7% |
| Participant deferral / active EE | $4,332 | $5,145-15.8% | $5,053-14.3% | $4,647-6.8% |
| Admin fee / account holder | $140 | $235-40.7% | $9,451-98.5% | $430-67.6% |