Filed August 14, 2023
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 |
|---|---|---|
Service code 49 · EIN 52-2114207 | Other Services | $26,460 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,233 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,111 | $80,005+5.1% | $140,016-39.9% | $55,725+50.9% |
| Participation rate | 94.9% | 87.0%+7.9pp | 87.5%+7.4pp | 70.9%+24.0pp |
| Annual return | -6.00% | 0.46%-6.5pp | 651.12%-657.1pp | 244.93%-250.9pp |
| Employer contribution / active EE | $1,458 | $3,403-57.1% | $5,606-74.0% | $2,078-29.8% |
| Participant deferral / active EE | $4,732 | $5,264-10.1% | $6,927-31.7% | $3,356+41.0% |
| Admin fee / account holder | $30 | $116-73.8% | $10,705-99.7% | $115-73.6% |