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 | $471,240 |
FINANCIAL ENGINES1 year Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 26 · EIN 94-3250323 | Advisory (Participants) | $102,135 |
LPL FINANCIAL3 years Service code 27 · EIN 95-2834236 | Advisory (Plan) | $36,817 |
CROWE LLP3 years Service code 10 · EIN 35-0921680 | Accounting | $28,560 |
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 | $110,887 | $104,631+6.0% | $98,439+12.6% | $80,160+38.3% |
| Participation rate | 97.1% | 87.5%+9.5pp | 75.2%+21.9pp | 72.9%+24.1pp |
| Annual return | 20.56% | 34.72%-14.2pp | 21.16%-0.6pp | 40.38%-19.8pp |
| Employer contribution / active EE | $5,250 | $4,517+16.2% | $3,048+72.3% | $2,978+76.3% |
| Participant deferral / active EE | $6,109 | $6,545-6.7% | $4,738+28.9% | $5,017+21.8% |
| Admin fee / account holder | $111 | $105+6.0% | $8,948-98.8% | $145-23.3% |