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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,369 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED5+ 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.
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 | $21,004 | $58,879-64.3% | $178,490-88.2% | $73,488-71.4% |
| Participation rate | 50.2% | 66.2%-16.0pp | 81.9%-31.7pp | 70.7%-20.5pp |
| Annual return | 16.69% | 24.86%-8.2pp | 151.07%-134.4pp | 28.51%-11.8pp |
| Employer contribution / active EE | $893 | $2,236-60.1% | $5,011-82.2% | $2,270-60.7% |
| Participant deferral / active EE | $1,599 | $2,567-37.7% | $5,202-69.3% | $3,740-57.2% |
| Admin fee / account holder | $202 | $400-49.6% | $13,984-98.6% | $513-60.7% |