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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $340,890 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $138,057 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $67,658 | $53,136+27.3% | $155,509-56.5% | $199,593-66.1% |
| Participation rate | 61.1% | 64.1%-3.0pp | 78.2%-17.1pp | 72.0%-10.9pp |
| Annual return | 13.37% | 41.15%-27.8pp | 64.67%-51.3pp | 34.25%-20.9pp |
| Employer contribution / active EE | $2,736 | $1,851+47.8% | $4,672-41.4% | $3,034-9.8% |
| Participant deferral / active EE | $4,651 | $3,161+47.1% | $5,626-17.3% | $5,087-8.6% |
| Admin fee / account holder | $221 | $185+19.2% | $15,912-98.6% | $269-17.8% |