Filed August 26, 2019 (most recent of 3 filings on file)
Total covered: 6 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 | $63,956 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $31,495 |
Service code 49 · EIN 13-5674085 | Other Services | $3,972 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,066 | $80,005-32.4% | $140,016-61.4% | $55,725-3.0% |
| Participation rate | 98.6% | 87.0%+11.6pp | 87.5%+11.1pp | 70.9%+27.7pp |
| Annual return | -6.67% | 0.46%-7.1pp | 651.12%-657.8pp | 244.93%-251.6pp |
| Employer contribution / active EE | $2,074 | $3,403-39.0% | $5,606-63.0% | $2,078-0.2% |
| Participant deferral / active EE | $4,134 | $5,264-21.5% | $6,927-40.3% | $3,356+23.2% |
| Admin fee / account holder | $136 | $116+17.1% | $10,705-98.7% | $115+17.6% |