Filed June 15, 2023
Total covered: 103 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 3-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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $700,640 |
FINANCIAL ENGINES3+ years Filed as: EDELMAN FINANCIAL ENGINES, LLC Service code 26 · EIN 94-3250323 | Advisory (Participants) | $209,896 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $77,982 |
GRANT THORNTON LLP2 years Service code 10 · EIN 36-6055558 | Accounting | $55,650 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $121,195 | $117,739+2.9% | $107,525+12.7% | $117,739+2.9% |
| Participation rate | 97.3% | 76.6%+20.7pp | 75.1%+22.3pp | 76.6%+20.7pp |
| Annual return | 14.65% | 17.29%-2.6pp | 181.32%-166.7pp | 17.29%-2.6pp |
| Employer contribution / active EE | $4,591 | $3,746+22.6% | $3,754+22.3% | $3,746+22.6% |
| Participant deferral / active EE | $7,145 | $6,128+16.6% | $5,116+39.7% | $6,128+16.6% |
| Admin fee / account holder | $124 | $112+11.2% | $8,919-98.6% | $112+11.2% |