Filed September 30, 2020 (most recent of 3 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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,389 |
MMA SECURITIES LLC1 year Filed as: MMA SECURITIES, LLC Service code 27 · EIN 22-3570392 | Advisory (Plan) | $20,720 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $81,088 | $136,307-40.5% | $177,821-54.4% | $73,488+10.3% |
| Participation rate | 99.2% | 86.1%+13.1pp | 87.7%+11.4pp | 70.7%+28.5pp |
| Annual return | 13.66% | 18.68%-5.0pp | 48.32%-34.7pp | 28.51%-14.9pp |
| Employer contribution / active EE | $3,097 | $3,712-16.6% | $5,918-47.7% | $2,270+36.4% |
| Participant deferral / active EE | $4,657 | $5,829-20.1% | $7,714-39.6% | $3,740+24.5% |
| Admin fee / account holder | $467 | $596-21.7% | $12,427-96.2% | $513-9.1% |