Filed November 14, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
EDWARD JONES3 years Service code 27 · EIN 43-0345811 | Advisory (Plan) | $17,044 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,717 |
QUALIFIED PLANS, LLC1 year Service code 13 · EIN 58-2605083 | Contract Administrator | $3,162 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,360 | $59,186-55.5% | $76,766-65.7% | $56,287-53.2% |
| Participation rate | 58.7% | 75.2%-16.5pp | 77.0%-18.3pp | 69.9%-11.1pp |
| Annual return | -8.87% | 6.62%-15.5pp | 2.43%-11.3pp | -9.96%+1.1pp |
| Employer contribution / active EE | $781 | $1,759-55.6% | $2,485-68.6% | $2,111-63.0% |
| Participant deferral / active EE | $1,834 | $3,255-43.7% | $3,851-52.4% | $3,350-45.2% |
| Admin fee / account holder | $116 | $489-76.3% | $6,675-98.3% | $521-77.7% |