Filed September 30, 2020 (most recent of 3 filings on file)
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 |
|---|---|---|
SAGEPOINT FINANCIAL INC1+ years Service code 49 · EIN 20-1741754 | Other Services | $12,379 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,094 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $63,645 | $70,667-9.9% | $123,104-48.3% | $52,331+21.6% |
| Participation rate | 99.0% | 83.7%+15.3pp | 86.8%+12.2pp | 68.1%+30.9pp |
| Annual return | 2.12% | 6.23%-4.1pp | 13.22%-11.1pp | 4.54%-2.4pp |
| Employer contribution / active EE | $2,781 | $2,946-5.6% | $5,151-46.0% | $1,882+47.8% |
| Participant deferral / active EE | $4,592 | $4,493+2.2% | $6,230-26.3% | $3,022+52.0% |
| Admin fee / account holder | $34 | $506-93.3% | $9,015-99.6% | $592-94.2% |