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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $103,675 |
MERCER1 year Filed as: MERCER INVESTMENT MANAGE Service code 13 · EIN 30-0282430 | Contract Administrator | $27,762 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,674 | $71,142+51.4% | $119,609-10.0% | $64,808+66.1% |
| Participation rate | 94.6% | 78.6%+16.0pp | 79.3%+15.4pp | 71.5%+23.1pp |
| Annual return | -16.57% | -10.01%-6.6pp | -14.97%-1.6pp | 32.82%-49.4pp |
| Employer contribution / active EE | $4,613 | $2,497+84.7% | $4,232+9.0% | $2,506+84.1% |
| Participant deferral / active EE | $8,635 | $4,490+92.3% | $5,602+54.1% | $4,310+100.3% |
| Admin fee / account holder | $199 | $162+23.0% | $10,323-98.1% | $188+6.2% |