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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,712 |
VSR FINANCIAL SERVICES INC1+ years Filed as: VSR FINANCIAL SERVICES Service code 49 · EIN 43-1302302 8620 W. 110TH ST · OVERLAND PARK, KS 662104036 | Other Services | $0 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $23,648 | $74,024-68.1% | $77,999-69.7% | $57,658-59.0% |
| Participation rate | 42.1% | 79.7%-37.6pp | 75.5%-33.4pp | 70.2%-28.1pp |
| Annual return | 12.66% | 12.14%+0.5pp | 425.96%-413.3pp | 5.13%+7.5pp |
| Employer contribution / active EE | $0 | $2,365-100.0% | $2,470-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $812 | $3,533-77.0% | $3,497-76.8% | $3,061-73.5% |
| Admin fee / account holder | $37 | $93-60.4% | $5,480-99.3% | $95-61.0% |