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 | $98,727+19.5% | $113,168+4.2% | $85,563+37.9% |
| Participation rate | 44.5% | 80.8%-36.4pp | 76.6%-32.1pp | 66.0%-21.5pp |
| Annual return | 10.50% | 17.43%-6.9pp | 24.27%-13.8pp | 31.51%-21.0pp |
| Employer contribution / active EE | $1,239 | $2,907-57.4% | $2,975-58.4% | $2,654-53.3% |
| Participant deferral / active EE | $2,225 | $5,424-59.0% | $5,107-56.4% | $4,375-49.1% |
| Admin fee / account holder | $423 | $357+18.5% | $12,068-96.5% | $834-49.3% |