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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $208,879 |
WELLS FARGO BANK, N.A.8+ years Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 49 · EIN 54-0910269 | Other Services | $45,777 |
WELLS FARGO BANK, N.A.5 years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 49 · EIN 34-1542819 | Other Services | $13,890 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,551 | $100,227-77.5% | $169,993-86.7% | $74,419-69.7% |
| Participation rate | 75.1% | 87.3%-12.2pp | 87.0%-11.9pp | 70.7%+4.3pp |
| Annual return | 69.61% | 66.08%+3.5pp | 53.37%+16.2pp | 34.38%+35.2pp |
| Employer contribution / active EE | $94 | $4,263-97.8% | $6,785-98.6% | $2,637-96.4% |
| Participant deferral / active EE | $4,518 | $7,143-36.7% | $10,408-56.6% | $4,528-0.2% |
| Admin fee / account holder | $154 | $234-34.3% | $12,815-98.8% | $348-55.7% |