Filed November 14, 2022 (most recent of 2 filings on file)
Total covered: 61 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 | $89,528 |
Filed as: RAYMOND JAMES FINANCIAL SERVICES IN Service code 49 · EIN 59-1531281 | Other Services | $60,899 |
WILSHIRE ASSOCIATES INCORPORATED3+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $42,353 | $44,989-5.9% | $170,442-75.2% | $77,958-45.7% |
| Participation rate | 92.0% | 64.6%+27.4pp | 83.6%+8.4pp | 71.6%+20.4pp |
| Annual return | 19.42% | 19.61%-0.2pp | 205.93%-186.5pp | 20.87%-1.4pp |
| Employer contribution / active EE | $0 | $1,466-100.0% | $5,433-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $3,468 | $2,208+57.1% | $4,939-29.8% | $3,537-1.9% |
| Admin fee / account holder | $59 | $69-14.5% | $13,880-99.6% | $97-39.4% |