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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,090 |
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).
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 | $24,222 | $86,332-71.9% | $125,175-80.6% | $65,185-62.8% |
| Participation rate | 60.7% | 75.3%-14.6pp | 79.8%-19.1pp | 70.2%-9.5pp |
| Annual return | 27.71% | 27.43%+0.3pp | 43.79%-16.1pp | 29.38%-1.7pp |
| Employer contribution / active EE | $753 | $2,040-63.1% | $3,865-80.5% | $2,177-65.4% |
| Participant deferral / active EE | $2,352 | $3,537-33.5% | $4,937-52.3% | $3,514-33.0% |
| Admin fee / account holder | $33 | $609-94.5% | $9,702-99.7% | $847-96.1% |