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 4-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,042 |
Filed as: HIGHLAND CAPITAL ADVISORS, LLC Service code 27 · EIN 20-4284376 | Advisory (Plan) | $24,149 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,908 | $56,503-68.3% | $70,092-74.5% | $64,808-72.4% |
| Participation rate | 42.2% | 70.5%-28.2pp | 70.5%-28.2pp | 71.5%-29.2pp |
| Annual return | 1.27% | -13.44%+14.7pp | 190.73%-189.5pp | 32.82%-31.5pp |
| Employer contribution / active EE | $1,397 | $2,046-31.7% | $2,559-45.4% | $2,506-44.3% |
| Participant deferral / active EE | $2,426 | $3,389-28.4% | $3,849-37.0% | $4,310-43.7% |
| Admin fee / account holder | $163 | $160+1.5% | $6,267-97.4% | $188-13.3% |