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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $590,034 |
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 | $30,128 | $52,346-42.4% | $143,757-79.0% | $78,044-61.4% |
| Participation rate | 95.0% | 72.7%+22.3pp | 80.3%+14.7pp | 74.4%+20.6pp |
| Annual return | -14.43% | -14.19%-0.2pp | -0.04%-14.4pp | 10.87%-25.3pp |
| Employer contribution / active EE | $372 | $2,131-82.5% | $4,951-92.5% | $3,125-88.1% |
| Participant deferral / active EE | $4,566 | $3,800+20.2% | $5,637-19.0% | $5,084-10.2% |
| Admin fee / account holder | $70 | $63+9.9% | $14,673-99.5% | $79-11.7% |