Filed March 6, 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 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 |
|---|---|---|
MMA SECURITIES LLC2+ years Filed as: MMC SECURITIES CORPORATION Service code 27 · EIN 06-1685865 | Advisory (Plan) | $30,000 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,522 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $73,842 | $107,378-31.2% | $108,579-32.0% | $57,658+28.1% |
| Participation rate | 86.6% | 77.1%+9.5pp | 79.6%+7.0pp | 70.2%+16.4pp |
| Annual return | 3.38% | 12.80%-9.4pp | -51.70%+55.1pp | 5.13%-1.8pp |
| Employer contribution / active EE | $3,681 | $1,782+106.6% | $3,758-2.0% | $1,974+86.5% |
| Participant deferral / active EE | $6,176 | $3,221+91.8% | $4,311+43.3% | $3,061+101.8% |
| Admin fee / account holder | $23 | $108-79.2% | $7,645-99.7% | $95-76.1% |