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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,374 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,233 | $62,132+3.4% | $185,823-65.4% | $73,488-12.6% |
| Participation rate | 29.5% | 67.8%-38.4pp | 78.0%-48.6pp | 70.7%-41.2pp |
| Annual return | 13.48% | 20.44%-7.0pp | 35.95%-22.5pp | 28.51%-15.0pp |
| Employer contribution / active EE | $410 | $1,681-75.6% | $4,087-90.0% | $2,270-81.9% |
| Participant deferral / active EE | $1,896 | $3,711-48.9% | $5,632-66.3% | $3,740-49.3% |
| Admin fee / account holder | $668 | $419+59.4% | $9,500-93.0% | $513+30.1% |