Filed October 23, 2024 (most recent of 4 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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $51,599 |
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES INSURANCE GROUP INC Service code 49 · EIN 59-1199408 | Other Services | $18,773 |
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES INC Service code 49 · EIN 59-1237041 | Other Services | $9,055 |
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).
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 | $13,897 | $37,213-62.7% | $156,549-91.1% | $63,975-78.3% |
| Participation rate | 94.1% | 65.0%+29.1pp | 84.0%+10.1pp | 71.1%+22.9pp |
| Annual return | 8.57% | 47.89%-39.3pp | 32.23%-23.7pp | 48.65%-40.1pp |
| Employer contribution / active EE | $1,329 | $1,357-2.0% | $5,501-75.8% | $2,182-39.1% |
| Participant deferral / active EE | $1,993 | $2,070-3.7% | $4,871-59.1% | $3,356-40.6% |
| Admin fee / account holder | $46 | $56-17.6% | $13,027-99.6% | $70-34.1% |