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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $15,781 |
WEALTHPLAN ADVISORS LLC3+ years Service code 27 | Advisory (Plan) | $14,658 |
WEALTHPLAN ADVISORS LLC3+ 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.
Annual investment return 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 | $17,341 | $44,873-61.4% | $79,464-78.2% | $56,287-69.2% |
| Participation rate | 58.8% | 68.7%-10.0pp | 73.3%-14.6pp | 69.9%-11.1pp |
| Annual return | -9.12% | 0.81%-9.9pp | 718.14%-727.3pp | -9.96%+0.8pp |
| Employer contribution / active EE | $593 | $2,140-72.3% | $2,800-78.8% | $2,111-71.9% |
| Participant deferral / active EE | $1,691 | $2,746-38.4% | $3,704-54.4% | $3,350-49.5% |
| Admin fee / account holder | $137 | $418-67.2% | $5,113-97.3% | $521-73.7% |