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 |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO. Service code 13 · EIN 42-0127290 | Contract Administrator | $9,925 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $18,751 | $66,124-71.6% | $90,404-79.3% | $73,488-74.5% |
| Participation rate | 28.1% | 69.7%-41.6pp | 72.7%-44.6pp | 70.7%-42.6pp |
| Annual return | 14.85% | 17.65%-2.8pp | 1293.02%-1278.2pp | 28.51%-13.7pp |
| Employer contribution / active EE | $0 | $2,346-100.0% | $3,262-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $1,146 | $3,039-62.3% | $3,963-71.1% | $3,740-69.3% |
| Admin fee / account holder | $254 | $396-35.8% | $5,611-95.5% | $513-50.4% |