Filed February 8, 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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,300 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $10,005 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $23,046 | $62,928-63.4% | $172,739-86.7% | $67,579-65.9% |
| Participation rate | 38.7% | 64.5%-25.8pp | 82.6%-44.0pp | 71.3%-32.6pp |
| Annual return | 18.68% | 30.36%-11.7pp | 802.84%-784.2pp | 378.56%-359.9pp |
| Employer contribution / active EE | $124 | $1,636-92.4% | $5,143-97.6% | $2,148-94.2% |
| Participant deferral / active EE | $694 | $2,145-67.6% | $5,198-86.6% | $3,539-80.4% |
| Admin fee / account holder | $83 | $167-49.9% | $13,954-99.4% | $142-41.3% |