Filed May 10, 2018
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 9-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 |
|---|---|---|
Service code 49 · EIN 51-6041053 | Other Services | $28,729 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,319 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,558 | $65,061-14.6% | $143,757-61.4% | $66,914-17.0% |
| Participation rate | 62.7% | 65.2%-2.5pp | 80.3%-17.6pp | 69.8%-7.1pp |
| Annual return | -17.34% | -11.14%-6.2pp | -0.04%-17.3pp | 1.58%-18.9pp |
| Employer contribution / active EE | $1,044 | $2,361-55.8% | $4,951-78.9% | $2,544-59.0% |
| Participant deferral / active EE | $4,209 | $2,919+44.2% | $5,637-25.3% | $4,237-0.7% |
| Admin fee / account holder | $46 | $502-90.7% | $14,673-99.7% | $593-92.2% |