Filed June 18, 2020 (most recent of 2 filings on file)
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 10-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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $644,684 |
Filed as: RAYMOND JAMES 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 | $34,389 | $59,339-42.0% | $149,673-77.0% | $103,482-66.8% |
| Participation rate | 95.2% | 70.2%+25.0pp | 78.8%+16.4pp | 73.3%+21.9pp |
| Annual return | 19.82% | 77.78%-58.0pp | 134.42%-114.6pp | 33.11%-13.3pp |
| Employer contribution / active EE | $363 | $2,178-83.3% | $4,818-92.5% | $3,208-88.7% |
| Participant deferral / active EE | $4,706 | $3,716+26.6% | $5,680-17.1% | $5,207-9.6% |
| Admin fee / account holder | $68 | $103-33.5% | $13,210-99.5% | $114-40.0% |