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 ADVISORS3+ years Service code 27 · EIN 20-0488076 | Advisory (Plan) | $9,880 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,594 |
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 | $46,513 | $51,466-9.6% | $78,778-41.0% | $62,292-25.3% |
| Participation rate | 41.1% | 59.8%-18.7pp | 69.2%-28.1pp | 69.5%-28.4pp |
| Annual return | 15.35% | 19.96%-4.6pp | 35.62%-20.3pp | 28.90%-13.5pp |
| Employer contribution / active EE | $115 | $827-86.0% | $1,986-94.2% | $2,042-94.3% |
| Participant deferral / active EE | $1,712 | $2,147-20.3% | $2,958-42.1% | $3,169-46.0% |
| Admin fee / account holder | $136 | $489-72.3% | $5,134-97.4% | $479-71.7% |