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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSUREANCE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $36,373 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $25,556 |
METRO BENEFITS, INC.1 year Filed as: METRO BENEFITS INC Service code 13 · EIN 25-1541083 | Contract Administrator | $16,415 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $82,694 | $42,894+92.8% | $60,874+35.8% | $68,494+20.7% |
| Participation rate | 79.7% | 66.8%+12.9pp | 73.1%+6.6pp | 67.9%+11.8pp |
| Annual return | -7.23% | -13.98%+6.8pp | 16.90%-24.1pp | -7.84%+0.6pp |
| Employer contribution / active EE | $4,172 | $1,978+110.9% | $2,701+54.4% | $2,596+60.7% |
| Participant deferral / active EE | $3,403 | $2,867+18.7% | $3,817-10.8% | $4,027-15.5% |
| Admin fee / account holder | $359 | $3,101-88.4% | $3,224-88.9% | $5,403-93.4% |