Filed May 24, 2016
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 | $19,799 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $17,327 |
WILSHIRE ASSOCIATES INCORPORATED5+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $30,636 | $66,601-54.0% | $92,893-67.0% | $67,579-54.7% |
| Participation rate | 24.6% | 72.5%-47.9pp | 76.0%-51.4pp | 71.3%-46.6pp |
| Annual return | 23.65% | 92.58%-68.9pp | 109.41%-85.8pp | 378.56%-354.9pp |
| Employer contribution / active EE | $706 | $2,775-74.6% | $3,653-80.7% | $2,148-67.1% |
| Participant deferral / active EE | $1,370 | $3,157-56.6% | $4,236-67.7% | $3,539-61.3% |
| Admin fee / account holder | $102 | $199-49.0% | $5,794-98.2% | $142-28.6% |