Filed December 9, 2019
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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,203 |
AON CONSULTING1+ years Filed as: AON CONSULTING OF NEW JERSEY Service code 49 · EIN 22-2232264 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $27,748 | $26,805+3.5% | $59,496-53.4% | $52,331-47.0% |
| Participation rate | 52.2% | 39.3%+12.8pp | 54.6%-2.4pp | 68.1%-16.0pp |
| Annual return | -1.38% | 2.61%-4.0pp | 182.05%-183.4pp | 4.54%-5.9pp |
| Employer contribution / active EE | $512 | $450+13.9% | $1,153-55.6% | $1,882-72.8% |
| Participant deferral / active EE | $1,654 | $916+80.5% | $1,829-9.6% | $3,022-45.3% |
| Admin fee / account holder | $172 | $305-43.7% | $2,232-92.3% | $592-71.0% |