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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $36,403 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $13,455 | $47,977-72.0% | $154,107-91.3% | $56,287-76.1% |
| Participation rate | 61.5% | 66.2%-4.6pp | 83.0%-21.5pp | 69.9%-8.3pp |
| Annual return | -8.37% | 3.54%-11.9pp | 735.12%-743.5pp | -9.96%+1.6pp |
| Employer contribution / active EE | $1,044 | $2,169-51.9% | $5,298-80.3% | $2,111-50.5% |
| Participant deferral / active EE | $1,445 | $2,392-39.6% | $5,081-71.6% | $3,350-56.9% |
| Admin fee / account holder | $173 | $438-60.6% | $13,411-98.7% | $521-66.9% |