Filed January 23, 2017
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $86,910 |
Filed as: SAGEVIEW ADVISORY CONSULTING GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $35,386 |
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 13 · EIN 71-0294708 | Contract Administrator | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,207 | $44,873+118.9% | $79,467+23.6% | $56,289+74.5% |
| Participation rate | 90.4% | 68.7%+21.7pp | 73.3%+17.1pp | 69.9%+20.6pp |
| Annual return | -6.38% | 0.81%-7.2pp | 718.30%-724.7pp | -9.96%+3.6pp |
| Employer contribution / active EE | $8,610 | $2,140+302.4% | $2,800+207.5% | $2,111+307.8% |
| Participant deferral / active EE | $6,953 | $2,746+153.2% | $3,704+87.7% | $3,350+107.6% |
| Admin fee / account holder | $574 | $418+37.2% | $5,104-88.8% | $521+10.2% |