Filed June 18, 2019 (most recent of 2 filings on file)
Total covered: 4,192 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $227,899 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $116,294 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,982 | $50,127+25.6% | $149,673-57.9% | $80,160-21.4% |
| Participation rate | 52.2% | 64.3%-12.0pp | 78.8%-26.5pp | 72.9%-20.7pp |
| Annual return | 16.53% | 29.82%-13.3pp | 134.42%-117.9pp | 40.38%-23.9pp |
| Employer contribution / active EE | $2,090 | $1,865+12.1% | $4,818-56.6% | $2,978-29.8% |
| Participant deferral / active EE | $3,734 | $3,194+16.9% | $5,680-34.3% | $5,017-25.6% |
| Admin fee / account holder | $158 | $153+3.3% | $13,210-98.8% | $145+8.8% |