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 | $15,722 |
BROOKLIGHT PLACE SECURITIES INC1+ years Service code 49 · EIN 36-3317130 | Other Services | $4,877 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $17,469 | $70,002-75.0% | $115,037-84.8% | $52,331-66.6% |
| Participation rate | 67.7% | 72.1%-4.4pp | 81.4%-13.7pp | 68.1%-0.4pp |
| Annual return | 7.46% | 4.04%+3.4pp | 26.14%-18.7pp | 4.54%+2.9pp |
| Employer contribution / active EE | $1,413 | $2,715-47.9% | $4,608-69.3% | $1,882-24.9% |
| Participant deferral / active EE | $2,050 | $4,920-58.3% | $6,026-66.0% | $3,022-32.2% |
| Admin fee / account holder | $164 | $566-71.1% | $8,175-98.0% | $592-72.3% |