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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,538 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $18,032 | $51,769-65.2% | $57,343-68.6% | $52,331-65.5% |
| Participation rate | 49.6% | 75.2%-25.7pp | 75.1%-25.5pp | 68.1%-18.5pp |
| Annual return | -2.80% | 2.43%-5.2pp | 24.39%-27.2pp | 4.54%-7.3pp |
| Employer contribution / active EE | $1,137 | $2,335-51.3% | $2,689-57.7% | $1,882-39.6% |
| Participant deferral / active EE | $1,711 | $2,794-38.8% | $3,162-45.9% | $3,022-43.4% |
| Admin fee / account holder | $23 | $295-92.1% | $3,356-99.3% | $592-96.1% |