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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,066 |
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).
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 | $23,091 | $52,953-56.4% | $172,739-86.6% | $65,185-64.6% |
| Participation rate | 40.2% | 66.2%-26.0pp | 82.6%-42.4pp | 70.2%-30.0pp |
| Annual return | 23.62% | 30.12%-6.5pp | 802.84%-779.2pp | 29.38%-5.8pp |
| Employer contribution / active EE | $121 | $2,190-94.5% | $5,143-97.6% | $2,177-94.4% |
| Participant deferral / active EE | $942 | $2,471-61.9% | $5,198-81.9% | $3,514-73.2% |
| Admin fee / account holder | $17 | $472-96.5% | $13,954-99.9% | $847-98.0% |