Filed May 7, 2019
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 |
|---|---|---|
Service code 49 · EIN 13-5674085 | Other Services | $27,651 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,455 |
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 | $46,684 | $50,464-7.5% | $75,781-38.4% | $52,331-10.8% |
| Participation rate | 76.7% | 66.8%+9.9pp | 75.8%+0.9pp | 68.1%+8.6pp |
| Annual return | 1.22% | 1.03%+0.2pp | 9.68%-8.5pp | 4.54%-3.3pp |
| Employer contribution / active EE | $0 | $1,988-100.0% | $3,323-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $2,114 | $2,570-17.8% | $3,651-42.1% | $3,022-30.0% |
| Admin fee / account holder | $19 | $1,103-98.3% | $5,299-99.6% | $592-96.8% |