Filed January 28, 2022
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 | $13,130 |
UBS FINANCIAL SERVICES INC2+ years Service code 49 · EIN 51-0120742 | Other Services | $2,428 |
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $15,179 | $50,106-69.7% | $70,014-78.3% | $57,658-73.7% |
| Participation rate | 96.2% | 70.9%+25.4pp | 71.8%+24.4pp | 70.2%+26.0pp |
| Annual return | 31.97% | 14.58%+17.4pp | 12.99%+19.0pp | 5.13%+26.8pp |
| Employer contribution / active EE | $2,059 | $1,739+18.4% | $2,338-11.9% | $1,974+4.3% |
| Participant deferral / active EE | $3,758 | $2,486+51.2% | $2,931+28.2% | $3,061+22.8% |
| Admin fee / account holder | $27 | $89-69.8% | $4,380-99.4% | $95-71.5% |