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 6-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $691 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 92-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $7,739 | $29,369-73.6% | $77,482-90.0% | $73,409-89.5% |
| Participation rate | 6.5% | 37.9%-31.4pp | 54.2%-47.7pp | 72.2%-65.7pp |
| Annual return | 103.97% | 358.15%-254.2pp | 54.79%+49.2pp | 59.29%+44.7pp |
| Employer contribution / active EE | $55 | $406-86.4% | $986-94.4% | $2,234-97.5% |
| Participant deferral / active EE | $297 | $941-68.4% | $1,861-84.0% | $3,805-92.2% |
| Admin fee / account holder | $35 | $123-71.8% | $2,858-98.8% | $158-78.1% |