Filed December 5, 2024 (most recent of 2 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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,141,390 |
UBS FINANCIAL SERVICES INC5 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $334,442 |
Filed as: SILICON VALLEY ACCOUNTANCY Service code 10 · EIN 77-0573994 | Accounting | $35,312 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,356 | $106,994-31.4% | $135,903-46.0% | $96,393-23.9% |
| Participation rate | 50.1% | 72.5%-22.5pp | 81.9%-31.8pp | 71.3%-21.2pp |
| Annual return | 25.36% | 26.64%-1.3pp | 68.23%-42.9pp | 22.88%+2.5pp |
| Employer contribution / active EE | $2,249 | $3,391-33.7% | $4,856-53.7% | $3,238-30.6% |
| Participant deferral / active EE | $5,470 | $7,968-31.3% | $7,758-29.5% | $5,455+0.3% |
| Admin fee / account holder | $92 | $79+16.3% | $10,762-99.1% | $74+24.4% |