Filed December 5, 2024 (most recent of 2 filings on file)
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,022,526 |
UBS FINANCIAL SERVICES INC3 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $371,523 |
Filed as: FIDELITY GLOBAL BROKERAGE GROUP INC Service code 33 · EIN 04-3257666 | Direct payment from the plan; Recordk... | $76,350 |
Filed as: SILICON VALLEY ACCOUNTANCY Service code 10 · EIN 77-0573994 | Accounting | $34,020 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $73,040 | $107,662-32.2% | $159,436-54.2% | $106,520-31.4% |
| Participation rate | 60.7% | 69.4%-8.7pp | 82.8%-22.2pp | 71.3%-10.7pp |
| Annual return | 36.01% | 22.17%+13.8pp | 263.57%-227.6pp | 19.28%+16.7pp |
| Employer contribution / active EE | $2,720 | $2,741-0.8% | $4,829-43.7% | $2,840-4.2% |
| Participant deferral / active EE | $6,331 | $6,799-6.9% | $7,352-13.9% | $4,948+28.0% |
| Admin fee / account holder | $98 | $69+42.8% | $10,799-99.1% | $75+31.5% |