Filed December 16, 2024
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 | $28,146 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 49 · EIN 48-1305000 | Other Services | $5,793 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $3,203 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,060 | $48,277-14.9% | $63,517-35.4% | $55,191-25.6% |
| Participation rate | 25.6% | 69.4%-43.8pp | 71.0%-45.4pp | 69.2%-43.5pp |
| Annual return | -0.79% | 2.37%-3.2pp | -70.30%+69.5pp | 10.78%-11.6pp |
| Employer contribution / active EE | $754 | $1,592-52.7% | $2,322-67.5% | $1,899-60.3% |
| Participant deferral / active EE | $1,366 | $2,432-43.8% | $2,953-53.7% | $3,046-55.2% |
| Admin fee / account holder | $145 | $86+68.8% | $5,892-97.5% | $91+59.8% |