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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,019 |
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 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 | $20,560 | $47,977-57.1% | $154,107-86.7% | $56,287-63.5% |
| Participation rate | 35.3% | 66.2%-30.9pp | 83.0%-47.8pp | 69.9%-34.6pp |
| Annual return | -6.69% | 3.54%-10.2pp | 735.12%-741.8pp | -9.96%+3.3pp |
| Employer contribution / active EE | $130 | $2,169-94.0% | $5,298-97.5% | $2,111-93.8% |
| Participant deferral / active EE | $930 | $2,392-61.1% | $5,081-81.7% | $3,350-72.2% |
| Admin fee / account holder | $17 | $438-96.1% | $13,411-99.9% | $521-96.7% |