Filed April 18, 2018
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 9-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $37,055 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 4800 DEER LAKE DRIVE E · JACKSONVILLE, FL 322466484 | Other Services | $34,963 |
Service code 49 · EIN 13-5674085 4800 DEER LAKE DRIVE · JACKSONVILLE, FL 322466484 | Other Services | $5,120 |
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 | $35,093 | $63,905-45.1% | $74,183-52.7% | $57,658-39.1% |
| Participation rate | 96.5% | 79.8%+16.7pp | 76.6%+19.9pp | 70.2%+26.2pp |
| Annual return | 10.60% | 60.60%-50.0pp | 17.74%-7.1pp | 5.13%+5.5pp |
| Employer contribution / active EE | $0 | $1,840-100.0% | $2,370-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $3,384 | $3,448-1.8% | $3,550-4.7% | $3,061+10.6% |
| Admin fee / account holder | $81 | $91-10.6% | $5,586-98.5% | $95-13.9% |