Filed December 11, 2023 (most recent of 2 filings on file)
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 | $298,747 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $126,892 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $119,275 | $153,743-22.4% | $197,124-39.5% | $103,975+14.7% |
| Participation rate | 98.6% | 91.1%+7.5pp | 86.7%+11.9pp | 72.5%+26.1pp |
| Annual return | 15.77% | 17.60%-1.8pp | 44.34%-28.6pp | 19.41%-3.6pp |
| Employer contribution / active EE | $6,725 | $5,424+24.0% | $6,227+8.0% | $3,722+80.7% |
| Participant deferral / active EE | $10,444 | $9,152+14.1% | $9,135+14.3% | $5,343+95.5% |
| Admin fee / account holder | $205 | $131+56.1% | $16,298-98.7% | $332-38.3% |