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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $127,612 |
WELLS FARGO BANK, N.A.3 years Filed as: WELLS FARGO ADVISORS FIN NETWORK Service code 27 · EIN 48-1305000 | Advisory (Plan) | $66,480 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $117,953 | $103,024+14.5% | $112,040+5.3% | $79,634+48.1% |
| Participation rate | 44.5% | 80.6%-36.1pp | 76.5%-32.0pp | 62.5%-18.0pp |
| Annual return | 10.50% | 17.60%-7.1pp | 24.52%-14.0pp | 36.46%-26.0pp |
| Employer contribution / active EE | $1,239 | $3,015-58.9% | $2,954-58.1% | $2,529-51.0% |
| Participant deferral / active EE | $2,225 | $5,233-57.5% | $5,098-56.4% | $3,835-42.0% |
| Admin fee / account holder | $423 | $465-9.1% | $12,098-96.5% | $1,002-57.8% |