Filed March 28, 2017 (most recent of 6 filings on file)
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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $100,658 |
TBS AGENCY INC3+ years Service code 49 · EIN 52-1473914 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $18,460 | $48,064-61.6% | $78,778-76.6% | $69,631-73.5% |
| Participation rate | 90.0% | 61.6%+28.4pp | 69.2%+20.8pp | 70.7%+19.3pp |
| Annual return | 41.46% | 21.81%+19.6pp | 35.62%+5.8pp | 27571.02%-27529.6pp |
| Employer contribution / active EE | $449 | $744-39.6% | $1,986-77.4% | $2,032-77.9% |
| Participant deferral / active EE | $2,720 | $2,079+30.8% | $2,958-8.0% | $3,224-15.6% |
| Admin fee / account holder | $124 | $152-18.3% | $5,134-97.6% | $110+12.4% |