Filed July 15, 2024
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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $87,760 |
SAGEVIEW ADVISORY GROUP, LLC2 years Filed as: SAGEVIEW ADVISORY CONSULTING GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $33,000 |
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 | $68,881 | $43,999+56.6% | $79,464-13.3% | $55,725+23.6% |
| Participation rate | 81.1% | 66.9%+14.2pp | 73.3%+7.8pp | 70.9%+10.3pp |
| Annual return | -4.76% | 1.81%-6.6pp | 718.14%-722.9pp | 244.93%-249.7pp |
| Employer contribution / active EE | $2,697 | $1,830+47.4% | $2,800-3.7% | $2,078+29.8% |
| Participant deferral / active EE | $5,030 | $2,538+98.2% | $3,704+35.8% | $3,356+49.9% |
| Admin fee / account holder | $140 | $118+19.1% | $5,113-97.3% | $115+21.5% |