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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,476 |
RKL LLP1 year Service code 10 · EIN 23-2108173 | Accounting | $13,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $57,457 | $66,310-13.3% | $93,606-38.6% | $65,185-11.9% |
| Participation rate | 44.9% | 74.0%-29.1pp | 75.8%-30.9pp | 70.2%-25.3pp |
| Annual return | 19.50% | 42.58%-23.1pp | 32.76%-13.3pp | 29.38%-9.9pp |
| Employer contribution / active EE | $277 | $2,012-86.2% | $2,718-89.8% | $2,177-87.3% |
| Participant deferral / active EE | $1,682 | $3,342-49.7% | $4,069-58.7% | $3,514-52.1% |
| Admin fee / account holder | $221 | $6,897-96.8% | $7,888-97.2% | $847-73.9% |