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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,939 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $14,993 |
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.)
Annual investment return 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 | $101,695 | $54,590+86.3% | $81,930+24.1% | $73,488+38.4% |
| Participation rate | 56.9% | 68.3%-11.4pp | 72.0%-15.1pp | 70.7%-13.8pp |
| Annual return | 6.18% | 17.74%-11.6pp | 29.49%-23.3pp | 28.51%-22.3pp |
| Employer contribution / active EE | $1,087 | $1,636-33.6% | $4,310-74.8% | $2,270-52.1% |
| Participant deferral / active EE | $2,802 | $2,759+1.6% | $7,107-60.6% | $3,740-25.1% |
| Admin fee / account holder | $460 | $592-22.3% | $5,158-91.1% | $513-10.3% |