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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,899 |
WILSHIRE ASSOCIATES INCORPORATED6+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,666 | $52,293-64.3% | $178,490-89.5% | $73,409-74.6% |
| Participation rate | 25.4% | 65.3%-39.9pp | 81.9%-56.5pp | 72.2%-46.8pp |
| Annual return | 17.91% | 34.75%-16.8pp | 151.07%-133.2pp | 59.29%-41.4pp |
| Employer contribution / active EE | $218 | $1,735-87.5% | $5,011-95.7% | $2,234-90.2% |
| Participant deferral / active EE | $900 | $2,332-61.4% | $5,202-82.7% | $3,805-76.3% |
| Admin fee / account holder | $124 | $127-2.6% | $13,984-99.1% | $158-21.4% |