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 | $55,838 |
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $30,361 | $75,183-59.6% | $123,892-75.5% | $55,167-45.0% |
| Participation rate | 59.7% | 72.8%-13.1pp | 81.4%-21.7pp | 69.0%-9.3pp |
| Annual return | 25.10% | 19.01%+6.1pp | 47.52%-22.4pp | 169.23%-144.1pp |
| Employer contribution / active EE | $1,950 | $2,823-30.9% | $4,617-57.8% | $1,963-0.7% |
| Participant deferral / active EE | $4,014 | $5,084-21.0% | $5,984-32.9% | $3,054+31.4% |
| Admin fee / account holder | $411 | $663-38.0% | $8,357-95.1% | $504-18.5% |