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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,045 |
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).
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 | $71,726 | $58,512+22.6% | $84,015-14.6% | $72,985-1.7% |
| Participation rate | 47.7% | 61.2%-13.6pp | 69.0%-21.3pp | 69.5%-21.8pp |
| Annual return | 22.52% | 28.93%-6.4pp | 71.31%-48.8pp | 81.00%-58.5pp |
| Employer contribution / active EE | $576 | $1,163-50.4% | $1,983-70.9% | $2,440-76.4% |
| Participant deferral / active EE | $2,540 | $2,394+6.1% | $3,239-21.6% | $3,607-29.6% |
| Admin fee / account holder | $259 | $4,569-94.3% | $6,101-95.8% | $5,124-94.9% |