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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $69,439 |
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $15,963 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 49 · EIN 34-1542819 | Other Services | $5,417 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $20,574 | $88,515-76.8% | $162,163-87.3% | $67,579-69.6% |
| Participation rate | 69.5% | 86.8%-17.3pp | 87.6%-18.1pp | 71.3%-1.8pp |
| Annual return | 35.58% | 27.04%+8.5pp | 115.59%-80.0pp | 378.56%-343.0pp |
| Employer contribution / active EE | $325 | $3,563-90.9% | $5,614-94.2% | $2,148-84.9% |
| Participant deferral / active EE | $4,108 | $5,724-28.2% | $7,298-43.7% | $3,539+16.1% |
| Admin fee / account holder | $184 | $124+48.5% | $10,843-98.3% | $142+29.1% |