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 | $4,243 |
SECURIAN FINANCIAL SERVICES INC1+ years Service code 49 · EIN 41-1486060 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $52,944 | $60,165-12.0% | $74,183-28.6% | $55,167-4.0% |
| Participation rate | 65.7% | 74.2%-8.5pp | 76.6%-10.9pp | 69.0%-3.3pp |
| Annual return | 12.46% | 10.00%+2.5pp | 17.74%-5.3pp | 169.23%-156.8pp |
| Employer contribution / active EE | $0 | $1,600-100.0% | $2,370-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $2,855 | $2,973-3.9% | $3,550-19.6% | $3,054-6.5% |
| Admin fee / account holder | $32 | $419-92.3% | $5,586-99.4% | $504-93.6% |