Filed April 15, 2016
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 | $13,863 |
WEALTHPLAN ADVISORS LLC2+ years Service code 27 | Advisory (Plan) | $12,096 |
WEALTHPLAN ADVISORS LLC2+ years Filed as: WEALTHPLAN ADVISORS, LLC Service code 27 · EIN 47-2622892 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $18,877 | $50,637-62.7% | $86,590-78.2% | $62,292-69.7% |
| Participation rate | 56.7% | 67.9%-11.2pp | 73.5%-16.8pp | 69.5%-12.8pp |
| Annual return | 15.24% | 20.80%-5.6pp | 964.84%-949.6pp | 28.90%-13.7pp |
| Employer contribution / active EE | $633 | $2,075-69.5% | $2,839-77.7% | $2,042-69.0% |
| Participant deferral / active EE | $1,826 | $2,611-30.1% | $3,609-49.4% | $3,169-42.4% |
| Admin fee / account holder | $136 | $413-67.1% | $4,906-97.2% | $479-71.6% |