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 9-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 | $3,625 |
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.
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 | $6,703 | $52,293-87.2% | $178,490-96.2% | $73,409-90.9% |
| Participation rate | 97.5% | 65.3%+32.2pp | 81.9%+15.6pp | 72.2%+25.3pp |
| Annual return | 14.43% | 34.75%-20.3pp | 151.07%-136.6pp | 59.29%-44.9pp |
| Employer contribution / active EE | $194 | $1,735-88.8% | $5,011-96.1% | $2,234-91.3% |
| Participant deferral / active EE | $1,086 | $2,332-53.4% | $5,202-79.1% | $3,805-71.5% |
| Admin fee / account holder | $7 | $127-94.8% | $13,984-100.0% | $158-95.8% |