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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $14,049 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $9,533 | $38,365-75.2% | $84,611-88.7% | $65,185-85.4% |
| Participation rate | 35.4% | 55.7%-20.3pp | 68.2%-32.9pp | 70.2%-34.8pp |
| Annual return | 22.76% | 32.00%-9.2pp | 258.74%-236.0pp | 29.38%-6.6pp |
| Employer contribution / active EE | $522 | $1,258-58.5% | $2,652-80.3% | $2,177-76.0% |
| Participant deferral / active EE | $1,241 | $2,278-45.5% | $3,899-68.2% | $3,514-64.7% |
| Admin fee / account holder | $201 | $451-55.5% | $4,912-95.9% | $847-76.3% |