Filed July 30, 2021
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 | $142,866 |
INDEPENDENT FINANCIAL PARTNERS2+ years Service code 27 · EIN 46-0615386 | Advisory (Plan) | $42,117 |
WILLIAM BLAIR1 year Filed as: WILLIAM E HAMM AND ASSOCIATES INC Service code 27 · EIN 59-3331424 | Advisory (Plan) | $15,205 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,921 | $46,966+31.8% | $185,117-66.6% | $69,631-11.1% |
| Participation rate | 85.3% | 65.3%+20.0pp | 77.3%+8.0pp | 70.7%+14.6pp |
| Annual return | 17.59% | 22.36%-4.8pp | 40.50%-22.9pp | 27571.02%-27553.4pp |
| Employer contribution / active EE | $1,449 | $1,360+6.5% | $4,182-65.3% | $2,032-28.7% |
| Participant deferral / active EE | $3,614 | $3,017+19.8% | $5,045-28.4% | $3,224+12.1% |
| Admin fee / account holder | $240 | $94+155.8% | $8,159-97.1% | $110+117.4% |