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 |
|---|---|---|
VERITAS WEALTH ADVISORS2+ years Service code 27 · EIN 20-0488076 | Advisory (Plan) | $9,062 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,188 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,382 | $42,546-14.5% | $71,796-49.3% | $55,167-34.1% |
| Participation rate | 38.7% | 59.1%-20.4pp | 69.1%-30.4pp | 69.0%-30.3pp |
| Annual return | 6.27% | 12.36%-6.1pp | 78.04%-71.8pp | 169.23%-163.0pp |
| Employer contribution / active EE | $89 | $803-89.0% | $1,924-95.4% | $1,963-95.5% |
| Participant deferral / active EE | $1,657 | $2,064-19.7% | $2,794-40.7% | $3,054-45.8% |
| Admin fee / account holder | $144 | $650-77.9% | $4,815-97.0% | $504-71.4% |