See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $26,035 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,755 |
DEFINITI LLC1+ years Filed as: DEFINITI, LLC Service code 13 · EIN 85-0833363 2201 TIMBERLOCH PL STE 150 · THE WOODLANDS, TX 77380 | Contract Administrator | $13,423 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS LLC Service code 27 401 S TRYON ST 11TH FL D1050-111 · CHARLOTTE, NC 28081 | Advisory (Plan) | $9,291 |
BDO USA, LLP1+ years Filed as: BDO USA Service code 10 · EIN 13-5381590 | Accounting | $5,950 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 27 · EIN 34-1542819 | Advisory (Plan) | $5,542 |
BDO USA, LLP1+ years Service code 10 5300 PATTERSON AVE SE · GRAND RAPIDS, MI 49512 | Accounting | $1,190 |
MORNINGSTAR1+ years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $69,211 | $59,417+16.5% | $93,606-26.1% | $74,495-7.1% |
| Participation rate | 97.6% | 59.7%+37.9pp | 68.7%+28.9pp | 67.2%+30.4pp |
| Annual return | 0.00% | 81.83%-81.8pp | 133.20%-133.2pp | 1364.94%-1364.9pp |
| Employer contribution / active EE | $2,312 | $1,264+83.0% | $2,420-4.5% | $2,623-11.9% |
| Participant deferral / active EE | $4,501 | $3,050+47.6% | $4,411+2.0% | $4,346+3.6% |
| Admin fee / account holder | $326 | $3,021-89.2% | $8,285-96.1% | $1,942-83.2% |