Filed September 23, 2024
Total covered: 12 employees
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 8-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 | $154,032 |
HAYS FINANCIAL GROUP5 years Filed as: HAYS FINANCIAL GROUP, LLC Service code 27 · EIN 41-1931920 | Advisory (Plan) | $40,000 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,850 | $61,058-21.6% | $71,209-32.8% | $85,563-44.1% |
| Participation rate | 98.7% | 58.6%+40.2pp | 73.8%+25.0pp | 66.0%+32.8pp |
| Annual return | 17.15% | 100.41%-83.3pp | 282.51%-265.4pp | 31.51%-14.4pp |
| Employer contribution / active EE | $1,493 | $2,199-32.1% | $2,721-45.1% | $2,654-43.7% |
| Participant deferral / active EE | $5,450 | $3,173+71.8% | $4,175+30.5% | $4,375+24.6% |
| Admin fee / account holder | $226 | $855-73.6% | $5,349-95.8% | $834-72.9% |