Filed November 23, 2020
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 9-year trajectory for $4.99 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $30,873 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $18,902 |
Filed as: BENEFIT PLANS INC Service code 13 · EIN 47-0617162 | Contract Administrator | $280 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,990 | $55,472+0.9% | $155,567-64.0% | $74,546-24.9% |
| Participation rate | 73.8% | 61.9%+11.9pp | 78.2%-4.4pp | 67.2%+6.5pp |
| Annual return | 37.02% | 268.72%-231.7pp | 64.74%-27.7pp | 1366.03%-1329.0pp |
| Employer contribution / active EE | $1,701 | $2,269-25.0% | $4,674-63.6% | $2,624-35.2% |
| Participant deferral / active EE | $4,022 | $2,838+41.7% | $5,628-28.5% | $4,347-7.5% |
| Admin fee / account holder | $245 | $1,743-85.9% | $15,916-98.5% | $1,944-87.4% |