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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $218,721 |
Filed as: MORSE BUMGARDNER LLC Service code 13 · EIN 81-4636200 | Contract Administrator | $36,020 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118 | Advisory (Plan) | $34,107 |
Filed as: CORRECT CRAFT HOLDING COMPANY, LLC Service code 21 · EIN 46-0635077 | Bank Trustee | $11,000 |
FORVIS MAZARS, LLP1 year Filed as: FORVIS Service code 10 · EIN 44-0160260 | Accounting | $8,000 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer 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.
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 | $19,863 | $130,141-84.7% | $86,677-77.1% | $77,904-74.5% |
| Participation rate | 86.5% | 85.9%+0.5pp | 76.6%+9.9pp | 73.7%+12.8pp |
| Annual return | -10.53% | -12.75%+2.2pp | 35.91%-46.4pp | 12.21%-22.7pp |
| Employer contribution / active EE | $637 | $3,220-80.2% | $2,836-77.6% | $2,848-77.6% |
| Participant deferral / active EE | $2,528 | $5,757-56.1% | $4,656-45.7% | $4,806-47.4% |
| Admin fee / account holder | $74 | $132-43.6% | $7,493-99.0% | $133-43.9% |