Filed August 17, 2017
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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $221,615 |
SAGEVIEW ADVISORY GROUP, LLC5+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818867 | Advisory (Plan) | $21,250 |
MORNINGSTAR4 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $80,407 | $101,523-20.8% | $141,162-43.0% | $77,787+3.4% |
| Participation rate | 90.5% | 77.4%+13.1pp | 82.5%+8.0pp | 73.2%+17.3pp |
| Annual return | 26.23% | 56.22%-30.0pp | 71.39%-45.2pp | 32.57%-6.3pp |
| Employer contribution / active EE | $14 | $3,341-99.6% | $4,735-99.7% | $2,504-99.5% |
| Participant deferral / active EE | $8,600 | $6,434+33.7% | $6,709+28.2% | $3,967+116.8% |
| Admin fee / account holder | $122 | $92+33.1% | $10,261-98.8% | $100+21.7% |