Filed August 6, 2019 (most recent of 4 filings on file)
Total covered: 218 employees
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 | $6,985 |
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 | $145,730 | $85,635+70.2% | $123,892+17.6% | $63,975+127.8% |
| Participation rate | 83.6% | 74.9%+8.7pp | 81.4%+2.2pp | 71.1%+12.5pp |
| Annual return | 13.91% | 15.74%-1.8pp | 47.52%-33.6pp | 48.65%-34.7pp |
| Employer contribution / active EE | $8,842 | $3,076+187.4% | $4,617+91.5% | $2,182+305.3% |
| Participant deferral / active EE | $6,764 | $5,667+19.4% | $5,984+13.0% | $3,356+101.5% |
| Admin fee / account holder | $4 | $75-94.3% | $8,357-99.9% | $70-94.0% |