Filed September 8, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
KESTRA INVESTMENT SERVICES LLC1+ years Filed as: KESTRA ADVISORY SERVICES Service code 27 5707 SW PKWY · AUSTIN, TX 78735 | Advisory (Plan) | $94,215 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $65,231 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Filed as: PRINCIPAL LIFE INSURANCE Service code 49 | Other Services | $11,925 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,631 | $96,458-84.8% | $136,298-89.3% | $77,958-81.2% |
| Participation rate | 45.6% | 75.4%-29.8pp | 81.9%-36.4pp | 71.6%-26.1pp |
| Annual return | 28.94% | 23.78%+5.2pp | 5156.27%-5127.3pp | 20.87%+8.1pp |
| Employer contribution / active EE | $119 | $3,144-96.2% | $4,696-97.5% | $2,310-94.8% |
| Participant deferral / active EE | $1,541 | $5,902-73.9% | $6,247-75.3% | $3,537-56.4% |
| Admin fee / account holder | $57 | $80-29.0% | $9,244-99.4% | $97-41.4% |