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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $246,380 |
WELLS FARGO BANK, N.A.8 years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $32,440 |
WELLS FARGO BANK, N.A.8 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 49 · EIN 34-1542819 | Other Services | $29,719 |
CARON & BLETZER, PLLC6 years Service code 10 · EIN 04-3499945 | Accounting | $16,580 |
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 | $148,217 | $84,993+74.4% | $129,995+14.0% | $80,160+84.9% |
| Participation rate | 94.5% | 79.5%+15.0pp | 78.5%+16.0pp | 72.9%+21.6pp |
| Annual return | 18.25% | 23.76%-5.5pp | -137.18%+155.4pp | 40.38%-22.1pp |
| Employer contribution / active EE | $5,634 | $3,051+84.7% | $4,320+30.4% | $2,978+89.2% |
| Participant deferral / active EE | $7,655 | $4,984+53.6% | $5,820+31.5% | $5,017+52.6% |
| Admin fee / account holder | $153 | $391-60.9% | $10,614-98.6% | $145+5.5% |