Filed November 22, 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 | $58,990 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $32,853 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $90,553 | $89,355+1.3% | $141,162-35.9% | $72,985+24.1% |
| Participation rate | 73.7% | 75.1%-1.4pp | 82.5%-8.8pp | 69.5%+4.2pp |
| Annual return | 20.08% | 111.85%-91.8pp | 71.39%-51.3pp | 81.00%-60.9pp |
| Employer contribution / active EE | $3,165 | $3,114+1.6% | $4,735-33.2% | $2,440+29.7% |
| Participant deferral / active EE | $10,570 | $5,418+95.1% | $6,709+57.6% | $3,607+193.0% |
| Admin fee / account holder | $310 | $5,958-94.8% | $10,261-97.0% | $5,124-93.9% |