See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANGE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $13,639 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $2,354 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,868 | $50,815-94.4% | $155,509-98.2% | $77,643-96.3% |
| Participation rate | 91.8% | 63.1%+28.7pp | 78.2%+13.6pp | 70.6%+21.2pp |
| Annual return | 27.12% | 34.80%-7.7pp | 64.67%-37.6pp | 31.24%-4.1pp |
| Employer contribution / active EE | $1,749 | $1,993-12.2% | $4,672-62.6% | $2,726-35.8% |
| Participant deferral / active EE | $614 | $2,822-78.2% | $5,626-89.1% | $4,647-86.8% |
| Admin fee / account holder | $45 | $437-89.8% | $15,912-99.7% | $430-89.6% |