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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $113,206 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $64,561 |
NOVA 401(K) ASSOCIATES1 year Filed as: NOVA 401K ASSOCIATES Service code 49 · EIN 20-1181458 | Other Services | $8,160 |
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.
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 | $30,447 | $107,459-71.7% | $135,903-77.6% | $80,160-62.0% |
| Participation rate | 43.5% | 78.0%-34.5pp | 81.9%-38.4pp | 72.9%-29.4pp |
| Annual return | 31.35% | 91.91%-60.6pp | 68.23%-36.9pp | 40.38%-9.0pp |
| Employer contribution / active EE | $1,591 | $3,877-59.0% | $4,856-67.2% | $2,978-46.6% |
| Participant deferral / active EE | $2,874 | $8,195-64.9% | $7,758-63.0% | $5,017-42.7% |
| Admin fee / account holder | $136 | $127+6.9% | $10,762-98.7% | $145-6.3% |