Filed December 3, 2019 (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 6-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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $166,642 |
CROWE LLP5+ years Filed as: CROWE Service code 10 · EIN 35-0921680 | Accounting | $36,658 |
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 26 · EIN 94-3250323 | Advisory (Participants) | $15,315 |
LPL FINANCIAL5+ years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $8,183 |
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 | $81,521 | $104,631-22.1% | $98,439-17.2% | $80,160+1.7% |
| Participation rate | 96.7% | 87.5%+9.2pp | 75.2%+21.6pp | 72.9%+23.8pp |
| Annual return | 17.18% | 34.72%-17.5pp | 21.16%-4.0pp | 40.38%-23.2pp |
| Employer contribution / active EE | $3,241 | $4,517-28.2% | $3,048+6.3% | $2,978+8.9% |
| Participant deferral / active EE | $4,767 | $6,545-27.2% | $4,738+0.6% | $5,017-5.0% |
| Admin fee / account holder | $113 | $105+7.4% | $8,948-98.7% | $145-22.3% |