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 9-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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,858 |
Participant contribution per participant 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $7,857 | $91,552-91.4% | $133,956-94.1% | $79,858-90.2% |
| Participation rate | 94.8% | 73.3%+21.4pp | 79.8%+15.0pp | 69.6%+25.2pp |
| Annual return | 17.75% | 61.85%-44.1pp | 45.09%-27.3pp | 31.71%-14.0pp |
| Employer contribution / active EE | $919 | $2,384-61.5% | $3,919-76.6% | $2,471-62.8% |
| Participant deferral / active EE | $1,447 | $3,733-61.3% | $5,048-71.3% | $3,740-61.3% |
| Admin fee / account holder | $85 | $6,321-98.7% | $8,927-99.1% | $5,306-98.4% |