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 | $4,844 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $28,441 | $46,072-38.3% | $70,014-59.4% | $55,167-48.4% |
| Participation rate | 27.7% | 67.5%-39.7pp | 71.8%-44.1pp | 69.0%-41.2pp |
| Annual return | 6.39% | 8.68%-2.3pp | 12.99%-6.6pp | 169.23%-162.8pp |
| Employer contribution / active EE | $384 | $1,500-74.4% | $2,338-83.6% | $1,963-80.4% |
| Participant deferral / active EE | $628 | $2,344-73.2% | $2,931-78.6% | $3,054-79.4% |
| Admin fee / account holder | $108 | $428-74.8% | $4,380-97.5% | $504-78.6% |