Filed August 3, 2023
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 10-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 |
|---|---|---|
Filed as: PRINCIPAL FINANCIAL GROUP Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392 | Contract Administrator | $31,855 |
Filed as: DESCHUTES INVESTMENT Service code 27 · EIN 27-3525757 200 SW MARKET ST #550 · PORTLAND, OR 97201 | Advisory (Plan) | $23,322 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,307 | $46,464-39.1% | $150,298-81.2% | $79,634-64.5% |
| Participation rate | 77.9% | 57.0%+20.9pp | 77.8%+0.1pp | 62.5%+15.4pp |
| Annual return | 13.52% | 27.89%-14.4pp | 62.79%-49.3pp | 36.46%-22.9pp |
| Employer contribution / active EE | $1,292 | $1,512-14.5% | $4,154-68.9% | $2,529-48.9% |
| Participant deferral / active EE | $3,192 | $2,157+48.0% | $5,453-41.5% | $3,835-16.8% |
| Admin fee / account holder | $101 | $891-88.7% | $14,116-99.3% | $1,002-89.9% |