Filed November 3, 2017
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $55,441 |
CETERA ADVISOR NETWORKS LLC1+ years Filed as: CETERA ADVISOR NETWORKS INSURANCE S Service code 49 · EIN 33-0232417 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $12,719 | $21,965-42.1% | $59,496-78.6% | $59,188-78.5% |
| Participation rate | 77.6% | 32.6%+45.1pp | 54.6%+23.1pp | 69.4%+8.2pp |
| Annual return | -2.21% | 22.15%-24.4pp | 182.05%-184.3pp | 5.51%-7.7pp |
| Employer contribution / active EE | $0 | $316-100.0% | $1,153-100.0% | $2,098-100.0% |
| Participant deferral / active EE | $1,388 | $732+89.7% | $1,829-24.1% | $3,265-57.5% |
| Admin fee / account holder | $60 | $74-19.5% | $2,232-97.3% | $92-35.0% |