Filed June 18, 2020 (most recent of 2 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 |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $782,565 |
Filed as: RAYMOND JAMES & ASSOCIATES INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $85,000 |
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 | $38,597 | $67,679-43.0% | $155,509-75.2% | $99,062-61.0% |
| Participation rate | 94.9% | 67.2%+27.7pp | 78.2%+16.7pp | 71.6%+23.3pp |
| Annual return | 16.30% | 16.16%+0.1pp | 64.67%-48.4pp | 17.66%-1.4pp |
| Employer contribution / active EE | $373 | $2,268-83.6% | $4,672-92.0% | $3,262-88.6% |
| Participant deferral / active EE | $4,829 | $3,828+26.1% | $5,626-14.2% | $5,331-9.4% |
| Admin fee / account holder | $77 | $94-18.1% | $15,912-99.5% | $109-29.6% |