Filed April 27, 2023
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,055 |
Filed as: ONEDIGITAL INVESTEMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $5,337 |
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 | $14,884 | $65,061-77.1% | $143,757-89.6% | $66,914-77.8% |
| Participation rate | 30.4% | 65.2%-34.7pp | 80.3%-49.9pp | 69.8%-39.4pp |
| Annual return | -15.07% | -11.14%-3.9pp | -0.04%-15.0pp | 1.58%-16.7pp |
| Employer contribution / active EE | $708 | $2,361-70.0% | $4,951-85.7% | $2,544-72.2% |
| Participant deferral / active EE | $1,041 | $2,919-64.3% | $5,637-81.5% | $4,237-75.4% |
| Admin fee / account holder | $195 | $502-61.2% | $14,673-98.7% | $593-67.2% |