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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,350 |
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.
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 | $24,495 | $39,859-38.5% | $78,689-68.9% | $57,658-57.5% |
| Participation rate | 46.4% | 66.1%-19.7pp | 73.6%-27.2pp | 70.2%-23.8pp |
| Annual return | 6.07% | 18.96%-12.9pp | 62.18%-56.1pp | 5.13%+0.9pp |
| Employer contribution / active EE | $0 | $1,786-100.0% | $2,851-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $2,096 | $2,248-6.8% | $3,517-40.4% | $3,061-31.5% |
| Admin fee / account holder | $128 | $76+67.7% | $4,510-97.2% | $95+35.1% |