Filed September 23, 2024
Total covered: 12 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 8-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 | $135,340 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $22,903 |
HAYS FINANCIAL GROUP1 year Filed as: HAYS FINANCIAL GROUP, LLC Service code 27 · EIN 41-1931920 | Advisory (Plan) | $20,430 |
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 | $35,340 | $58,290-39.4% | $98,442-64.1% | $86,799-59.3% |
| Participation rate | 96.3% | 68.3%+28.0pp | 73.3%+23.0pp | 72.3%+24.0pp |
| Annual return | 16.39% | 43.48%-27.1pp | 1492.73%-1476.3pp | 97.91%-81.5pp |
| Employer contribution / active EE | $1,134 | $2,008-43.5% | $2,960-61.7% | $2,405-52.9% |
| Participant deferral / active EE | $4,280 | $3,152+35.8% | $4,276+0.1% | $4,131+3.6% |
| Admin fee / account holder | $201 | $138+46.0% | $5,949-96.6% | $170+18.6% |