Filed March 24, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,158 |
BERGIN ROBERTS & CO, LLC1 year Filed as: BERGIN ROBERTS & CO. LLC Service code 27 · EIN 26-4567336 | Advisory (Plan) | $5,371 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $16,577 | $75,183-78.0% | $123,894-86.6% | $55,167-70.0% |
| Participation rate | 57.1% | 72.8%-15.7pp | 81.4%-24.3pp | 69.0%-11.8pp |
| Annual return | 8.53% | 19.01%-10.5pp | 47.52%-39.0pp | 169.23%-160.7pp |
| Employer contribution / active EE | $996 | $2,823-64.7% | $4,617-78.4% | $1,963-49.3% |
| Participant deferral / active EE | $1,695 | $5,084-66.7% | $5,984-71.7% | $3,054-44.5% |
| Admin fee / account holder | $150 | $663-77.4% | $8,357-98.2% | $504-70.3% |