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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,510 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS FINANCIAL NETW Service code 49 · EIN 48-1305000 | Other Services | $5,873 |
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $2,952 |
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 | $43,848 | $50,106-12.5% | $70,014-37.4% | $57,658-24.0% |
| Participation rate | 30.5% | 70.9%-40.4pp | 71.8%-41.3pp | 70.2%-39.8pp |
| Annual return | 7.17% | 14.58%-7.4pp | 12.99%-5.8pp | 5.13%+2.0pp |
| Employer contribution / active EE | $889 | $1,739-48.9% | $2,338-62.0% | $1,974-54.9% |
| Participant deferral / active EE | $1,678 | $2,486-32.5% | $2,931-42.7% | $3,061-45.2% |
| Admin fee / account holder | $136 | $89+52.9% | $4,380-96.9% | $95+44.3% |