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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $289,607 |
Filed as: RAYMOND JAMES FIN SVCS ADVISORS Service code 27 · EIN 59-2937883 | Advisory (Plan) | $106,358 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,098 | $53,136+22.5% | $155,509-58.1% | $199,593-67.4% |
| Participation rate | 98.7% | 64.1%+34.6pp | 78.2%+20.5pp | 72.0%+26.7pp |
| Annual return | 14.57% | 41.15%-26.6pp | 64.67%-50.1pp | 34.25%-19.7pp |
| Employer contribution / active EE | $2 | $1,851-99.9% | $4,672-100.0% | $3,034-99.9% |
| Participant deferral / active EE | $5,280 | $3,161+67.0% | $5,626-6.2% | $5,087+3.8% |
| Admin fee / account holder | $163 | $185-11.9% | $15,912-99.0% | $269-39.3% |