Filed August 30, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $66,280 |
KESTRA INVESTMENT SERVICES LLC2+ years Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $40,217 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $96,519 | $82,163+17.5% | $125,363-23.0% | $64,814+48.9% |
| Participation rate | 41.8% | 77.9%-36.1pp | 82.4%-40.6pp | 71.5%-29.7pp |
| Annual return | -13.50% | 3.49%-17.0pp | 572.15%-585.6pp | 32.84%-46.3pp |
| Employer contribution / active EE | $0 | $3,616-100.0% | $4,815-100.0% | $2,507-100.0% |
| Participant deferral / active EE | $3,503 | $7,175-51.2% | $7,447-53.0% | $4,310-18.7% |
| Admin fee / account holder | $260 | $163+59.3% | $10,005-97.4% | $188+38.4% |