See peer percentile detail. $4.99 for your first month.
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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 | $1,584 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $39,713 | $56,629-29.9% | $77,999-49.1% | $55,167-28.0% |
| Participation rate | 60.3% | 73.3%-13.0pp | 75.5%-15.2pp | 69.0%-8.7pp |
| Annual return | 5.30% | 2866.98%-2861.7pp | 425.96%-420.7pp | 169.23%-163.9pp |
| Employer contribution / active EE | $0 | $1,723-100.0% | $2,470-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $1,383 | $2,777-50.2% | $3,497-60.5% | $3,054-54.7% |
| Admin fee / account holder | $11 | $467-97.6% | $5,480-99.8% | $504-97.7% |