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 | $5,086 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $6,847 | $41,854-83.6% | $73,843-90.7% | $52,331-86.9% |
| Participation rate | 50.4% | 66.2%-15.9pp | 73.4%-23.1pp | 68.1%-17.8pp |
| Annual return | 58.29% | 2.11%+56.2pp | 2267.84%-2209.5pp | 4.54%+53.7pp |
| Employer contribution / active EE | $537 | $1,920-72.0% | $2,787-80.7% | $1,882-71.5% |
| Participant deferral / active EE | $723 | $2,498-71.0% | $3,583-79.8% | $3,022-76.1% |
| Admin fee / account holder | $64 | $493-86.9% | $4,880-98.7% | $592-89.1% |