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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,373 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $16,813 | $55,453-69.7% | $170,442-90.1% | $62,292-73.0% |
| Participation rate | 25.0% | 66.4%-41.4pp | 83.6%-58.6pp | 69.5%-44.5pp |
| Annual return | 15.77% | 21.38%-5.6pp | 205.93%-190.2pp | 28.90%-13.1pp |
| Employer contribution / active EE | $360 | $2,164-83.4% | $5,433-93.4% | $2,042-82.4% |
| Participant deferral / active EE | $489 | $2,303-78.8% | $4,939-90.1% | $3,169-84.6% |
| Admin fee / account holder | $111 | $455-75.7% | $13,880-99.2% | $479-76.9% |