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 | $35,869 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $28,956 | $81,474-64.5% | $133,956-78.4% | $73,488-60.6% |
| Participation rate | 59.3% | 76.4%-17.1pp | 79.8%-20.6pp | 70.7%-11.4pp |
| Annual return | 9.83% | 19.40%-9.6pp | 45.09%-35.3pp | 28.51%-18.7pp |
| Employer contribution / active EE | $1,417 | $2,209-35.9% | $3,919-63.8% | $2,270-37.6% |
| Participant deferral / active EE | $3,218 | $3,786-15.0% | $5,048-36.2% | $3,740-13.9% |
| Admin fee / account holder | $188 | $713-73.7% | $8,927-97.9% | $513-63.4% |