Filed November 4, 2016
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 9-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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $225,044 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $23,812 |
SHERIDAN ROAD ADVISORS LLC2 years Filed as: SHERIDAN ROAD ADVISORS Service code 27 · EIN 13-4284240 | Advisory (Plan) | $22,296 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $67,296 | $45,000+49.5% | $143,757-53.2% | $77,904-13.6% |
| Participation rate | 56.7% | 66.8%-10.1pp | 80.3%-23.6pp | 73.7%-16.9pp |
| Annual return | -14.97% | 29.03%-44.0pp | -0.04%-14.9pp | 12.21%-27.2pp |
| Employer contribution / active EE | $164 | $1,870-91.2% | $4,951-96.7% | $2,848-94.2% |
| Participant deferral / active EE | $4,179 | $3,157+32.4% | $5,637-25.9% | $4,806-13.0% |
| Admin fee / account holder | $145 | $98+47.1% | $14,673-99.0% | $133+9.2% |