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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,238 |
JENKS, BRIAN K.1+ years Service code 49 11100 WAYZATA BLVD · MINNETONKA, MN 553055533 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $17,289 | $37,117-53.4% | $147,614-88.3% | $55,191-68.7% |
| Participation rate | 49.3% | 63.6%-14.3pp | 84.6%-35.3pp | 69.2%-19.9pp |
| Annual return | -0.32% | 3.44%-3.8pp | 61.98%-62.3pp | 10.78%-11.1pp |
| Employer contribution / active EE | $410 | $1,620-74.7% | $5,564-92.6% | $1,899-78.4% |
| Participant deferral / active EE | $1,062 | $1,985-46.5% | $4,895-78.3% | $3,046-65.1% |
| Admin fee / account holder | $26 | $86-69.9% | $11,611-99.8% | $91-71.6% |