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 5-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 | $12,202 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $4,464 | $74,706-94.0% | $75,696-94.1% | $79,386-94.4% |
| Participation rate | 86.8% | 75.3%+11.4pp | 74.8%+12.0pp | 70.7%+16.1pp |
| Annual return | 18.84% | 18.52%+0.3pp | 104.53%-85.7pp | 116.85%-98.0pp |
| Employer contribution / active EE | $456 | $2,590-82.4% | $2,743-83.4% | $2,427-81.2% |
| Participant deferral / active EE | $2,159 | $3,533-38.9% | $3,821-43.5% | $4,046-46.6% |
| Admin fee / account holder | $125 | $374-66.5% | $3,619-96.5% | $626-80.0% |