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 | $15,093 |
BUSINESS SOLUTIONS INC3+ years Service code 49 · EIN 54-1942298 | Other Services | $1,137 |
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $35,613 | $57,976-38.6% | $62,995-43.5% | $62,292-42.8% |
| Participation rate | 44.4% | 75.9%-31.5pp | 74.8%-30.4pp | 69.5%-25.1pp |
| Annual return | 13.88% | 17.54%-3.7pp | 87.57%-73.7pp | 28.90%-15.0pp |
| Employer contribution / active EE | $386 | $2,415-84.0% | $2,759-86.0% | $2,042-81.1% |
| Participant deferral / active EE | $1,315 | $2,956-55.5% | $3,329-60.5% | $3,169-58.5% |
| Admin fee / account holder | $111 | $276-59.8% | $3,600-96.9% | $479-76.8% |