Filed December 8, 2017 (most recent of 4 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 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $308,846 |
Service code 10 · EIN 59-3331424 | Accounting | $45,000 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $28,993 |
MOSS ADAMS LLP3+ years Service code 10 · EIN 91-0189318 | Accounting | $17,000 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,198 | $37,026+116.6% | $78,778+1.8% | $177,276-54.8% |
| Participation rate | 34.2% | 54.2%-20.0pp | 69.2%-35.0pp | 74.8%-40.6pp |
| Annual return | 16.15% | 16.20%-0.1pp | 35.62%-19.5pp | 21.25%-5.1pp |
| Employer contribution / active EE | $261 | $730-64.2% | $1,986-86.8% | $2,479-89.5% |
| Participant deferral / active EE | $1,377 | $1,412-2.5% | $2,958-53.5% | $3,881-64.5% |
| Admin fee / account holder | $86 | $77+11.9% | $5,134-98.3% | $154-44.4% |