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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.
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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 | $18,164 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $6,807 |
Service code 27 · EIN 13-5674085 | Advisory (Plan) | $4,547 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $60,380 | $58,083+4.0% | $80,019-24.5% | $56,287+7.3% |
| Participation rate | 58.1% | 73.6%-15.5pp | 75.8%-17.8pp | 69.9%-11.8pp |
| Annual return | -5.69% | 34.61%-40.3pp | 11.22%-16.9pp | -9.96%+4.3pp |
| Employer contribution / active EE | $617 | $1,932-68.1% | $2,468-75.0% | $2,111-70.8% |
| Participant deferral / active EE | $2,735 | $3,135-12.8% | $3,686-25.8% | $3,350-18.3% |
| Admin fee / account holder | $214 | $623-65.6% | $6,521-96.7% | $521-58.9% |