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 COMPANY10+ years Service code 13 · EIN 42-0127290 711 HIGH ST · DES MOINES, IA 503920001 | Contract Administrator | $15,049 |
METRO BENEFITS, INC.2 years Filed as: METRO BENEFITS INC. Service code 13 · EIN 25-1541083 8150 PERRY HIGHWAY · PITTSBURGH, PA 15237 | Contract Administrator | $3,965 |
METRO BENEFITS, INC.1 year Service code 13 | Contract Administrator | $1,038 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $6,869 | $65,908-89.6% | $81,812-91.6% | $77,643-91.2% |
| Participation rate | 43.9% | 65.8%-21.9pp | 72.3%-28.4pp | 70.6%-26.6pp |
| Annual return | 15.00% | 26.64%-11.6pp | 773.79%-758.8pp | 31.24%-16.2pp |
| Employer contribution / active EE | $362 | $2,370-84.7% | $2,912-87.6% | $2,726-86.7% |
| Participant deferral / active EE | $554 | $3,505-84.2% | $4,319-87.2% | $4,647-88.1% |
| Admin fee / account holder | $53 | $526-90.0% | $7,386-99.3% | $430-87.8% |