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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,054 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 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 | $40,435 | $43,423-6.9% | $78,689-48.6% | $55,167-26.7% |
| Participation rate | 65.8% | 68.0%-2.3pp | 73.6%-7.8pp | 69.0%-3.2pp |
| Annual return | 7.94% | 11.53%-3.6pp | 62.18%-54.2pp | 169.23%-161.3pp |
| Employer contribution / active EE | $406 | $1,997-79.7% | $2,851-85.8% | $1,963-79.3% |
| Participant deferral / active EE | $3,311 | $2,509+32.0% | $3,517-5.8% | $3,054+8.4% |
| Admin fee / account holder | $161 | $416-61.3% | $4,510-96.4% | $504-68.0% |