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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,735 |
WELLS FARGO BANK, N.A.1+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $2,560 |
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.
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 | $20,001 | $43,709-54.2% | $61,491-67.5% | $64,808-69.1% |
| Participation rate | 44.9% | 69.2%-24.3pp | 79.3%-34.4pp | 71.5%-26.6pp |
| Annual return | -3.12% | -9.98%+6.9pp | -12.98%+9.9pp | 32.82%-35.9pp |
| Employer contribution / active EE | $0 | $2,113-100.0% | $4,246-100.0% | $2,506-100.0% |
| Participant deferral / active EE | $710 | $3,022-76.5% | $5,188-86.3% | $4,310-83.5% |
| Admin fee / account holder | $29 | $131-78.2% | $4,312-99.3% | $188-84.8% |