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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $183,854 |
USI CONSULTING GROUP3 years Filed as: USI SECURITIES INC Service code 49 · EIN 06-1493970 | Other Services | $2,894 |
SHANER HOTEL HOLDINGS3 years Service code 49 · EIN 16-1379569 | Other Services | $0 |
Employer contribution per participant 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,472 | $29,516-23.9% | $77,482-71.0% | $90,288-75.1% |
| Participation rate | 73.0% | 33.7%+39.3pp | 54.2%+18.8pp | 73.4%-0.4pp |
| Annual return | 12.11% | 231.18%-219.1pp | 54.79%-42.7pp | 53.97%-41.9pp |
| Employer contribution / active EE | $0 | $381-99.9% | $986-100.0% | $2,524-100.0% |
| Participant deferral / active EE | $1,522 | $944+61.2% | $1,861-18.2% | $4,232-64.0% |
| Admin fee / account holder | $185 | $106+74.6% | $2,858-93.5% | $114+62.1% |