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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,371 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $1,003 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $61,392 | $55,449+10.7% | $83,848-26.8% | $56,287+9.1% |
| Participation rate | 46.5% | 68.0%-21.5pp | 76.1%-29.7pp | 69.9%-23.4pp |
| Annual return | -6.91% | -1.38%-5.5pp | 850.88%-857.8pp | -9.96%+3.1pp |
| Employer contribution / active EE | $870 | $2,430-64.2% | $3,631-76.0% | $2,111-58.8% |
| Participant deferral / active EE | $1,613 | $2,935-45.0% | $4,082-60.5% | $3,350-51.8% |
| Admin fee / account holder | $350 | $656-46.7% | $5,478-93.6% | $521-32.9% |