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 | $1,369 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,985 | $55,453-54.9% | $170,442-85.3% | $62,292-59.9% |
| Participation rate | 34.5% | 66.4%-31.8pp | 83.6%-49.1pp | 69.5%-35.0pp |
| Annual return | 17.54% | 21.38%-3.8pp | 205.93%-188.4pp | 28.90%-11.4pp |
| Employer contribution / active EE | $112 | $2,164-94.8% | $5,433-97.9% | $2,042-94.5% |
| Participant deferral / active EE | $836 | $2,303-63.7% | $4,939-83.1% | $3,169-73.6% |
| Admin fee / account holder | $11 | $455-97.5% | $13,880-99.9% | $479-97.6% |