See peer percentile detail. $4.99 for your first month.
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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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $48,275 |
BERNARD WEALTH MANAGEMENT CORP4+ years Service code 27 · EIN 45-4174067 | Advisory (Plan) | $15,413 |
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $9,110 |
THE BENEFIT ADVANTAGE, INC.3 years Filed as: THE BENEFIT ADVANTAGE, INC Service code 13 · EIN 38-3254950 | Contract Administrator | $3,318 |
THE BENEFIT ADVANTAGE, INC.3 years Service code 13 | Contract Administrator | $1,860 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,191 | $74,188-78.2% | $115,756-86.0% | $64,808-75.0% |
| Participation rate | 30.3% | 76.2%-46.0pp | 77.1%-46.8pp | 71.5%-41.2pp |
| Annual return | -17.46% | -11.81%-5.7pp | 143.14%-160.6pp | 32.82%-50.3pp |
| Employer contribution / active EE | $598 | $3,365-82.2% | $3,793-84.2% | $2,506-76.2% |
| Participant deferral / active EE | $1,284 | $5,294-75.8% | $6,254-79.5% | $4,310-70.2% |
| Admin fee / account holder | $242 | $148+63.4% | $8,124-97.0% | $188+29.1% |