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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $66,002 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $35,970 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,991 | $100,923+7.0% | $150,045-28.0% | $74,304+45.3% |
| Participation rate | 72.3% | 70.1%+2.2pp | 82.3%-10.0pp | 60.3%+11.9pp |
| Annual return | 14.16% | 51.77%-37.6pp | 62.55%-48.4pp | 29.43%-15.3pp |
| Employer contribution / active EE | $3,431 | $3,463-0.9% | $4,693-26.9% | $2,241+53.1% |
| Participant deferral / active EE | $10,121 | $6,709+50.9% | $7,997+26.6% | $3,767+168.7% |
| Admin fee / account holder | $363 | $2,767-86.9% | $13,435-97.3% | $2,969-87.8% |