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 |
|---|---|---|
JAMES Q WHITEHEAD CPA2+ years Service code 10 · EIN 20-2114822 | Accounting | $8,500 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,145 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,180 | $46,732-37.6% | $156,549-81.4% | $55,167-47.1% |
| Participation rate | 33.0% | 65.8%-32.8pp | 84.0%-51.0pp | 69.0%-36.0pp |
| Annual return | 6.40% | 17.72%-11.3pp | 32.23%-25.8pp | 169.23%-162.8pp |
| Employer contribution / active EE | $417 | $2,105-80.2% | $5,501-92.4% | $1,963-78.8% |
| Participant deferral / active EE | $517 | $2,204-76.5% | $4,871-89.4% | $3,054-83.1% |
| Admin fee / account holder | $133 | $418-68.2% | $13,027-99.0% | $504-73.6% |