Filed August 30, 2021 (most recent of 2 filings on file)
Total covered: 5 employees
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $140,658 |
SAGEVIEW ADVISORY GROUP, LLC2+ years Filed as: SAGEVIEW ADVISORY GROUP Service code 27 · EIN 33-0818667 | Advisory (Plan) | $59,928 |
LAKESHORE LEARNING1 year Service code 13 · EIN 94-1525814 | Contract Administrator | $8,693 |
COHN REZNICK LLP3+ years Service code 10 · EIN 22-1478099 | Accounting | $7,875 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $74,674 | $37,245+100.5% | $94,993-21.4% | $77,958-4.2% |
| Participation rate | 40.2% | 56.5%-16.3pp | 73.9%-33.7pp | 71.6%-31.4pp |
| Annual return | 18.93% | 22.72%-3.8pp | 27.12%-8.2pp | 20.87%-1.9pp |
| Employer contribution / active EE | $878 | $894-1.8% | $2,603-66.3% | $2,310-62.0% |
| Participant deferral / active EE | $2,058 | $1,828+12.6% | $3,317-38.0% | $3,537-41.8% |
| Admin fee / account holder | $208 | $59+252.3% | $4,960-95.8% | $97+113.8% |