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 | $11,294 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS LLC Service code 49 · EIN 34-1542819 | Other Services | $5,826 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $15,805 | $46,360-65.9% | $147,614-89.3% | $52,331-69.8% |
| Participation rate | 40.4% | 64.9%-24.6pp | 84.6%-44.2pp | 68.1%-27.7pp |
| Annual return | 6.37% | 1.62%+4.7pp | 61.98%-55.6pp | 4.54%+1.8pp |
| Employer contribution / active EE | $669 | $2,126-68.5% | $5,564-88.0% | $1,882-64.4% |
| Participant deferral / active EE | $1,212 | $2,258-46.3% | $4,895-75.2% | $3,022-59.9% |
| Admin fee / account holder | $131 | $766-82.9% | $11,611-98.9% | $592-77.8% |