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 9-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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,527 |
WILSHIRE ASSOCIATES INCORPORATED3+ 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.
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $7,341 | $31,679-76.8% | $74,701-90.2% | $65,185-88.7% |
| Participation rate | 24.2% | 40.4%-16.2pp | 54.5%-30.3pp | 70.2%-46.0pp |
| Annual return | 24.44% | 39.04%-14.6pp | 752.92%-728.5pp | 29.38%-4.9pp |
| Employer contribution / active EE | $218 | $566-61.5% | $1,084-79.9% | $2,177-90.0% |
| Participant deferral / active EE | $483 | $1,191-59.5% | $1,964-75.4% | $3,514-86.3% |
| Admin fee / account holder | $73 | $379-80.7% | $3,333-97.8% | $847-91.4% |