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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,022,149 |
UBS FINANCIAL SERVICES INC4 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $346,138 |
Filed as: SILICON VALLEY ACCOUNTANCY Service code 10 · EIN 77-0573994 | Accounting | $73,067 |
Filed as: FIDELITY GLOBAL BROKERAGE GROUP INC Service code 33 · EIN 04-3257666 | Direct payment from the plan; Recordk... | $16,760 |
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 | $63,245 | $90,195-29.9% | $125,339-49.5% | $89,394-29.3% |
| Participation rate | 53.8% | 72.4%-18.7pp | 82.4%-28.6pp | 71.3%-17.5pp |
| Annual return | -16.86% | -6.51%-10.4pp | 572.05%-588.9pp | -11.89%-5.0pp |
| Employer contribution / active EE | $2,491 | $3,043-18.1% | $4,814-48.2% | $3,022-17.5% |
| Participant deferral / active EE | $5,969 | $7,170-16.8% | $7,446-19.8% | $5,123+16.5% |
| Admin fee / account holder | $96 | $69+38.4% | $10,010-99.0% | $79+20.8% |