Filed April 13, 2020
Total covered: 41 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 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 |
|---|---|---|
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 49 · EIN 95-2834236 | Other Services | $63,502 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,829 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $95,626 | $72,770+31.4% | $67,652+41.3% | $55,191+73.3% |
| Participation rate | 93.9% | 78.8%+15.1pp | 75.7%+18.2pp | 69.2%+24.7pp |
| Annual return | 16.51% | -3.26%+19.8pp | 6625.04%-6608.5pp | 10.78%+5.7pp |
| Employer contribution / active EE | $1,614 | $1,769-8.8% | $2,266-28.7% | $1,899-15.0% |
| Participant deferral / active EE | $5,220 | $3,408+53.2% | $3,560+46.6% | $3,046+71.4% |
| Admin fee / account holder | $8 | $79-90.5% | $4,821-99.8% | $91-91.7% |