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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $26,136 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $5,216 |
WILSHIRE ASSOCIATES INCORPORATED6+ 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,113 | $91,517-58.4% | $101,248-62.4% | $73,409-48.1% |
| Participation rate | 28.1% | 73.8%-45.7pp | 75.8%-47.7pp | 72.2%-44.1pp |
| Annual return | 23.54% | 17.17%+6.4pp | 46.47%-22.9pp | 59.29%-35.8pp |
| Employer contribution / active EE | $868 | $2,877-69.8% | $3,660-76.3% | $2,234-61.1% |
| Participant deferral / active EE | $1,734 | $3,338-48.1% | $4,370-60.3% | $3,805-54.4% |
| Admin fee / account holder | $143 | $216-33.8% | $5,945-97.6% | $158-9.5% |