Filed September 21, 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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $95,951 |
Filed as: MML INVESTORS SERVICES LLC Service code 49 · EIN 04-2746212 | Other Services | $26,187 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $66,531 | $129,021-48.4% | $184,203-63.9% | $77,643-14.3% |
| Participation rate | 96.4% | 87.3%+9.1pp | 86.8%+9.6pp | 70.6%+25.9pp |
| Annual return | 14.39% | 33.27%-18.9pp | 28.81%-14.4pp | 31.24%-16.8pp |
| Employer contribution / active EE | $1,997 | $4,413-54.7% | $6,427-68.9% | $2,726-26.7% |
| Participant deferral / active EE | $4,190 | $7,297-42.6% | $9,131-54.1% | $4,647-9.8% |
| Admin fee / account holder | $223 | $254-12.3% | $13,901-98.4% | $430-48.3% |