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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,755 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,558 | $29,546-3.3% | $56,441-49.4% | $77,671-63.2% |
| Participation rate | 16.9% | 32.7%-15.8pp | 52.5%-35.6pp | 70.6%-53.6pp |
| Annual return | 15.33% | 19.01%-3.7pp | 1704.21%-1688.9pp | 31.21%-15.9pp |
| Employer contribution / active EE | $238 | $568-58.1% | $1,039-77.1% | $2,726-91.3% |
| Participant deferral / active EE | $824 | $1,061-22.3% | $1,953-57.8% | $4,648-82.3% |
| Admin fee / account holder | $135 | $1,046-87.1% | $2,829-95.2% | $430-68.7% |