See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $33,031 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,071 | $101,724-48.8% | $164,813-68.4% | $80,856-35.6% |
| Participation rate | 47.8% | 71.8%-24.0pp | 78.6%-30.8pp | 67.6%-19.8pp |
| Annual return | 11.95% | 16.72%-4.8pp | 69.93%-58.0pp | 35.59%-23.6pp |
| Employer contribution / active EE | $757 | $2,953-74.4% | $4,341-82.6% | $2,755-72.5% |
| Participant deferral / active EE | $3,499 | $4,477-21.9% | $6,031-42.0% | $4,296-18.6% |
| Admin fee / account holder | $371 | $8,227-95.5% | $12,690-97.1% | $6,918-94.6% |