Filed August 30, 2018
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $182,509 |
UBS FINANCIAL SERVICES INC2+ years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $95,000 |
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 | $81,222 | $80,177+1.3% | $123,892-34.4% | $57,658+40.9% |
| Participation rate | 95.1% | 74.4%+20.7pp | 81.4%+13.7pp | 70.2%+24.9pp |
| Annual return | 9.04% | 17.90%-8.9pp | 47.52%-38.5pp | 5.13%+3.9pp |
| Employer contribution / active EE | $3,161 | $2,913+8.5% | $4,617-31.5% | $1,974+60.2% |
| Participant deferral / active EE | $7,365 | $5,130+43.6% | $5,984+23.1% | $3,061+140.6% |
| Admin fee / account holder | $187 | $106+75.9% | $8,357-97.8% | $95+97.8% |