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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $79,211 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $31,112 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,202 | $88,515-25.2% | $162,163-59.2% | $67,579-2.0% |
| Participation rate | 98.6% | 86.8%+11.8pp | 87.6%+11.0pp | 71.3%+27.3pp |
| Annual return | 19.65% | 27.04%-7.4pp | 115.59%-95.9pp | 378.56%-358.9pp |
| Employer contribution / active EE | $2,198 | $3,563-38.3% | $5,614-60.8% | $2,148+2.3% |
| Participant deferral / active EE | $4,442 | $5,724-22.4% | $7,298-39.1% | $3,539+25.5% |
| Admin fee / account holder | $166 | $124+34.3% | $10,843-98.5% | $142+16.7% |