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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $104,938 |
SAGEVIEW ADVISORY GROUP, LLC3 years Filed as: SAGEVIEW ADVISORY CONSULTING GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $32,500 |
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 | $73,686 | $54,237+35.9% | $90,281-18.4% | $67,579+9.0% |
| Participation rate | 95.9% | 68.6%+27.3pp | 73.3%+22.7pp | 71.3%+24.7pp |
| Annual return | 23.73% | 37.27%-13.5pp | 78.10%-54.4pp | 378.56%-354.8pp |
| Employer contribution / active EE | $3,985 | $1,846+115.9% | $2,854+39.6% | $2,148+85.5% |
| Participant deferral / active EE | $6,288 | $2,625+139.5% | $3,885+61.8% | $3,539+77.7% |
| Admin fee / account holder | $139 | $123+12.8% | $5,351-97.4% | $142-2.2% |