Filed July 15, 2024
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 9-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $187,228 |
SAGEVIEW ADVISORY GROUP, LLC5 years Filed as: SAGEVIEW ADVISORY CONSULTING GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $47,397 |
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 | $100,571 | $58,290+72.5% | $98,442+2.2% | $86,799+15.9% |
| Participation rate | 97.8% | 68.3%+29.5pp | 73.3%+24.5pp | 72.3%+25.5pp |
| Annual return | 16.39% | 43.48%-27.1pp | 1492.73%-1476.3pp | 97.91%-81.5pp |
| Employer contribution / active EE | $4,279 | $2,008+113.1% | $2,960+44.6% | $2,405+77.9% |
| Participant deferral / active EE | $7,191 | $3,152+128.1% | $4,276+68.2% | $4,131+74.1% |
| Admin fee / account holder | $238 | $138+72.5% | $5,949-96.0% | $170+40.1% |