Filed May 19, 2017 (most recent of 2 filings on file)
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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $44,757 |
USI CONSULTING GROUP1 year Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347 | Advisory (Plan) | $9,636 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,390 | $69,823+15.1% | $77,163+4.2% | $74,419+8.0% |
| Participation rate | 51.6% | 70.0%-18.4pp | 69.6%-17.9pp | 70.7%-19.1pp |
| Annual return | 18.65% | 19.98%-1.3pp | 37.87%-19.2pp | 34.38%-15.7pp |
| Employer contribution / active EE | $1,402 | $2,150-34.8% | $2,535-44.7% | $2,637-46.8% |
| Participant deferral / active EE | $2,812 | $3,558-21.0% | $3,833-26.7% | $4,528-37.9% |
| Admin fee / account holder | $254 | $398-36.1% | $5,472-95.4% | $348-27.0% |