Filed May 18, 2018
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $129,014 |
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA INVESTMENT ADVISERS LLC Service code 27 · EIN 36-3258176 | Advisory (Plan) | $49,345 |
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).
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 | $27,713 | $82,972-66.6% | $103,374-73.2% | $77,671-64.3% |
| Participation rate | 97.4% | 71.5%+25.9pp | 74.5%+22.9pp | 70.6%+26.8pp |
| Annual return | 15.39% | 19.14%-3.8pp | 24.89%-9.5pp | 31.21%-15.8pp |
| Employer contribution / active EE | $1,103 | $3,554-69.0% | $3,869-71.5% | $2,726-59.5% |
| Participant deferral / active EE | $4,042 | $4,108-1.6% | $5,058-20.1% | $4,648-13.0% |
| Admin fee / account holder | $140 | $639-78.1% | $8,394-98.3% | $430-67.6% |