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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $242,636 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $83,236 |
NOVA 401(K) ASSOCIATES2 years Filed as: NOVA 401K ASSOCIATES Service code 49 · EIN 20-1181458 | Other Services | $14,624 |
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 | $39,077 | $122,186-68.0% | $146,958-73.4% | $199,593-80.4% |
| Participation rate | 47.8% | 78.3%-30.5pp | 82.2%-34.4pp | 72.0%-24.2pp |
| Annual return | 19.60% | 30.56%-11.0pp | 418.34%-398.7pp | 34.25%-14.6pp |
| Employer contribution / active EE | $1,598 | $4,093-61.0% | $4,933-67.6% | $3,034-47.4% |
| Participant deferral / active EE | $3,357 | $8,502-60.5% | $8,070-58.4% | $5,087-34.0% |
| Admin fee / account holder | $266 | $179+48.8% | $12,998-98.0% | $269-1.0% |