Filed December 1, 2016
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,657 |
FOREST CAPITAL MANAGEMENT LLC1+ years Service code 27 · EIN 46-5576228 | Advisory (Plan) | $21,805 |
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 | $24,012 | $22,714+5.7% | $59,496-59.6% | $55,191-56.5% |
| Participation rate | 33.1% | 37.5%-4.3pp | 54.6%-21.4pp | 69.2%-36.0pp |
| Annual return | 0.88% | -44.01%+44.9pp | 182.05%-181.2pp | 10.78%-9.9pp |
| Employer contribution / active EE | $241 | $418-42.4% | $1,153-79.1% | $1,899-87.3% |
| Participant deferral / active EE | $929 | $843+10.1% | $1,829-49.2% | $3,046-69.5% |
| Admin fee / account holder | $221 | $83+165.5% | $2,232-90.1% | $91+143.8% |