Filed June 8, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $48,131 |
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY DW INC Service code 49 · EIN 94-1671384 | Other Services | $45,619 |
TECH MAHINDRA AMERICAS1 year Service code 10 · EIN 91-0149318 | Accounting | $13,279 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $29,690 | $100,589-70.5% | $136,298-78.2% | $177,276-83.3% |
| Participation rate | 8.0% | 77.4%-69.5pp | 81.9%-74.0pp | 74.8%-66.9pp |
| Annual return | 100.82% | 39.18%+61.6pp | 5156.27%-5055.5pp | 21.25%+79.6pp |
| Employer contribution / active EE | $0 | $3,259-100.0% | $4,696-100.0% | $2,479-100.0% |
| Participant deferral / active EE | $811 | $5,830-86.1% | $6,247-87.0% | $3,881-79.1% |
| Admin fee / account holder | $37 | $55-32.7% | $9,244-99.6% | $154-76.1% |