Filed September 6, 2017 (most recent of 2 filings on file)
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $124,292 |
STIFEL NICOLAUS & CO INC5 years Filed as: STIFEL, NICOLAUS, AND COMPANY Service code 27 · EIN 43-0538770 | Advisory (Plan) | $64,414 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,947 | $98,727-12.9% | $113,168-24.1% | $85,563+0.4% |
| Participation rate | 68.4% | 80.8%-12.4pp | 76.6%-8.1pp | 66.0%+2.5pp |
| Annual return | 10.56% | 17.43%-6.9pp | 24.27%-13.7pp | 31.51%-21.0pp |
| Employer contribution / active EE | $1,885 | $2,907-35.2% | $2,975-36.7% | $2,654-29.0% |
| Participant deferral / active EE | $3,915 | $5,424-27.8% | $5,107-23.3% | $4,375-10.5% |
| Admin fee / account holder | $393 | $357+10.2% | $12,068-96.7% | $834-52.9% |