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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,376 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $9,697 | $26,805-63.8% | $59,496-83.7% | $52,331-81.5% |
| Participation rate | 48.9% | 39.3%+9.5pp | 54.6%-5.7pp | 68.1%-19.2pp |
| Annual return | -1.89% | 2.61%-4.5pp | 182.05%-183.9pp | 4.54%-6.4pp |
| Employer contribution / active EE | $38 | $450-91.5% | $1,153-96.7% | $1,882-98.0% |
| Participant deferral / active EE | $782 | $916-14.7% | $1,829-57.3% | $3,022-74.1% |
| Admin fee / account holder | $21 | $305-93.3% | $2,232-99.1% | $592-96.5% |