Filed October 24, 2018
Total covered: 2 employees
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,015 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,431 | $55,453-74.0% | $170,442-91.5% | $62,292-76.8% |
| Participation rate | 71.4% | 66.4%+5.0pp | 83.6%-12.2pp | 69.5%+1.9pp |
| Annual return | 22.19% | 21.38%+0.8pp | 205.93%-183.7pp | 28.90%-6.7pp |
| Employer contribution / active EE | $1,134 | $2,164-47.6% | $5,433-79.1% | $2,042-44.4% |
| Participant deferral / active EE | $1,526 | $2,303-33.7% | $4,939-69.1% | $3,169-51.8% |
| Admin fee / account holder | $140 | $455-69.2% | $13,880-99.0% | $479-70.7% |