Filed January 19, 2017
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,931 |
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN FINANCIAL ADVISORS CORPORAT Service code 49 · EIN 35-1151034 | Other Services | $7,314 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $35,846 | $80,753-55.6% | $136,294-73.7% | $62,292-42.5% |
| Participation rate | 58.3% | 73.5%-15.2pp | 81.9%-23.6pp | 69.5%-11.2pp |
| Annual return | 23.76% | 35.83%-12.1pp | 5155.94%-5132.2pp | 28.90%-5.1pp |
| Employer contribution / active EE | $2,276 | $2,884-21.1% | $4,695-51.5% | $2,042+11.4% |
| Participant deferral / active EE | $4,944 | $5,164-4.3% | $6,247-20.9% | $3,169+56.0% |
| Admin fee / account holder | $129 | $525-75.4% | $9,243-98.6% | $479-73.0% |