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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $62,007 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,198 | $71,142+7.1% | $119,609-36.3% | $64,808+17.6% |
| Participation rate | 53.1% | 78.6%-25.5pp | 79.3%-26.2pp | 71.5%-18.4pp |
| Annual return | -16.33% | -10.01%-6.3pp | -14.97%-1.4pp | 32.82%-49.2pp |
| Employer contribution / active EE | $742 | $2,497-70.3% | $4,232-82.5% | $2,506-70.4% |
| Participant deferral / active EE | $3,538 | $4,490-21.2% | $5,602-36.8% | $4,310-17.9% |
| Admin fee / account holder | $130 | $162-19.8% | $10,323-98.7% | $188-30.8% |