Filed May 7, 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 |
|---|---|---|
Service code 49 · EIN 13-5674085 | Other Services | $28,428 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,863 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,776 | $52,884-0.2% | $84,750-37.7% | $55,167-4.3% |
| Participation rate | 69.1% | 67.5%+1.6pp | 76.6%-7.5pp | 69.0%+0.1pp |
| Annual return | 7.52% | 18.03%-10.5pp | 22.78%-15.3pp | 169.23%-161.7pp |
| Employer contribution / active EE | $761 | $2,233-65.9% | $3,574-78.7% | $1,963-61.2% |
| Participant deferral / active EE | $2,284 | $2,644-13.6% | $3,712-38.5% | $3,054-25.2% |
| Admin fee / account holder | $16 | $581-97.2% | $5,332-99.7% | $504-96.8% |