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 COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $246,889 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT Service code 27 · EIN 33-0905143 | Advisory (Plan) | $62,500 |
NFP RETIREMENT INC2 years Filed as: NFP RETIREMENT, INC. Service code 27 120 VANTIS, SUITE 200 · ALISO VIEJO, CA 92656 | Advisory (Plan) | $50,000 |
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,827 | $140,769-68.9% | $95,585-54.1% | $140,769-68.9% |
| Participation rate | 17.1% | 74.2%-57.0pp | 72.1%-54.9pp | 74.2%-57.0pp |
| Annual return | 20.71% | 16.82%+3.9pp | 38.56%-17.8pp | 16.82%+3.9pp |
| Employer contribution / active EE | $496 | $3,906-87.3% | $2,527-80.4% | $3,906-87.3% |
| Participant deferral / active EE | $832 | $6,717-87.6% | $4,023-79.3% | $6,717-87.6% |
| Admin fee / account holder | $123 | $229-46.1% | $6,127-98.0% | $229-46.1% |