Filed March 26, 2019
Total covered: 45 employees
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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $24,729 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,220 | $59,186-38.8% | $76,768-52.8% | $56,287-35.7% |
| Participation rate | 82.9% | 75.2%+7.6pp | 77.0%+5.9pp | 69.9%+13.0pp |
| Annual return | -2.34% | 6.62%-9.0pp | 2.43%-4.8pp | -9.96%+7.6pp |
| Employer contribution / active EE | $1,676 | $1,759-4.7% | $2,485-32.6% | $2,111-20.6% |
| Participant deferral / active EE | $3,540 | $3,255+8.8% | $3,852-8.1% | $3,350+5.7% |
| Admin fee / account holder | $130 | $489-73.4% | $6,675-98.1% | $521-75.0% |