Filed April 14, 2015 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 | $31,620 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $24,574 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $20,283 | $46,100-56.0% | $86,590-76.6% | $69,631-70.9% |
| Participation rate | 39.1% | 67.2%-28.1pp | 73.5%-34.4pp | 70.7%-31.6pp |
| Annual return | 14.77% | 21.02%-6.2pp | 964.84%-950.1pp | 27571.02%-27556.3pp |
| Employer contribution / active EE | $180 | $1,850-90.3% | $2,839-93.7% | $2,032-91.1% |
| Participant deferral / active EE | $592 | $2,432-75.6% | $3,609-83.6% | $3,224-81.6% |
| Admin fee / account holder | $97 | $94+3.4% | $4,906-98.0% | $110-12.2% |