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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $127,174 |
Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $36,623 |
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 | $89,049 | $52,670+69.1% | $90,404-1.5% | $73,409+21.3% |
| Participation rate | 97.2% | 67.7%+29.5pp | 72.7%+24.5pp | 72.2%+25.0pp |
| Annual return | 15.47% | 20.70%-5.2pp | 1293.02%-1277.5pp | 59.29%-43.8pp |
| Employer contribution / active EE | $4,417 | $1,872+136.0% | $3,262+35.4% | $2,234+97.7% |
| Participant deferral / active EE | $7,039 | $2,807+150.8% | $3,963+77.6% | $3,805+85.0% |
| Admin fee / account holder | $177 | $117+51.6% | $5,611-96.8% | $158+12.1% |