Filed October 30, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH LIFE AGENCY, INC. Service code 49 · EIN 13-2808480 | Other Services | $13,166 |
Service code 49 · EIN 14-1759450 | Other Services | $6,643 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,306 |
Service code 49 · EIN 13-5674085 | Other Services | $4,361 |
Filed as: WILLSHIRE ASSOCIATES INCORPORATED Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
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 | $85,897 | $62,267+37.9% | $110,243-22.1% | $55,725+54.1% |
| Participation rate | 63.7% | 78.1%-14.4pp | 79.8%-16.1pp | 70.9%-7.2pp |
| Annual return | 5.16% | -1.07%+6.2pp | 314.76%-309.6pp | 244.93%-239.8pp |
| Employer contribution / active EE | $1,167 | $1,941-39.9% | $3,827-69.5% | $2,078-43.8% |
| Participant deferral / active EE | $3,097 | $3,516-11.9% | $4,672-33.7% | $3,356-7.7% |
| Admin fee / account holder | $22 | $121-81.6% | $8,548-99.7% | $115-80.7% |