Filed October 11, 2021
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $323,279 |
WELLS FARGO BANK, N.A.7 years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $41,025 |
WELLS FARGO BANK, N.A.7 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 49 · EIN 34-1542819 | Other Services | $38,390 |
CARON & BLETZER, PLLC5 years Service code 10 · EIN 04-3499945 | Accounting | $13,300 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $130,734 | $84,000+55.6% | $119,609+9.3% | $77,904+67.8% |
| Participation rate | 94.0% | 77.8%+16.2pp | 79.3%+14.7pp | 73.7%+20.3pp |
| Annual return | -31.44% | -11.59%-19.9pp | -14.97%-16.5pp | 12.21%-43.7pp |
| Employer contribution / active EE | $6,999 | $2,907+140.8% | $4,232+65.4% | $2,848+145.8% |
| Participant deferral / active EE | $9,981 | $4,705+112.1% | $5,602+78.2% | $4,806+107.7% |
| Admin fee / account holder | $196 | $116+69.4% | $10,323-98.1% | $133+48.0% |