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 COMPANY3+ years Filed as: PRINCIPAL LIFE INSURANCE Service code 13 · EIN 42-0127290 | Contract Administrator | $18,719 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $27,310 | $55,453-50.8% | $170,442-84.0% | $62,292-56.2% |
| Participation rate | 73.6% | 66.4%+7.2pp | 83.6%-10.0pp | 69.5%+4.1pp |
| Annual return | 16.15% | 21.38%-5.2pp | 205.93%-189.8pp | 28.90%-12.7pp |
| Employer contribution / active EE | $146 | $2,164-93.2% | $5,433-97.3% | $2,042-92.8% |
| Participant deferral / active EE | $821 | $2,303-64.3% | $4,939-83.4% | $3,169-74.1% |
| Admin fee / account holder | $191 | $455-58.0% | $13,880-98.6% | $479-60.2% |