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 8-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 | $10,869 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,843 | $64,909-55.6% | $82,313-65.0% | $62,292-53.7% |
| Participation rate | 59.3% | 74.9%-15.5pp | 76.9%-17.6pp | 69.5%-10.2pp |
| Annual return | 19.91% | 21.18%-1.3pp | 25.88%-6.0pp | 28.90%-9.0pp |
| Employer contribution / active EE | $715 | $1,676-57.3% | $2,428-70.5% | $2,042-65.0% |
| Participant deferral / active EE | $1,700 | $3,103-45.2% | $3,706-54.1% | $3,169-46.4% |
| Admin fee / account holder | $96 | $440-78.1% | $5,608-98.3% | $479-79.9% |