Filed May 27, 2021
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $240,123 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT, INC. Service code 27 120 VANTIS, SUITE 200 · ALISO VIEJO, CA 92656 | Advisory (Plan) | $50,000 |
NFP RETIREMENT INC1 year Service code 27 · EIN 33-0905143 | Advisory (Plan) | $37,469 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,393 | $64,975-37.8% | $97,226-58.5% | $106,382-62.0% |
| Participation rate | 17.5% | 45.4%-27.8pp | 72.7%-55.2pp | 69.9%-52.3pp |
| Annual return | 18.85% | 15.21%+3.6pp | 75.13%-56.3pp | 17.37%+1.5pp |
| Employer contribution / active EE | $517 | $1,126-54.1% | $2,729-81.0% | $3,364-84.6% |
| Participant deferral / active EE | $932 | $2,466-62.2% | $4,264-78.1% | $5,569-83.3% |
| Admin fee / account holder | $128 | $69+86.3% | $5,654-97.7% | $79+61.2% |