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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,421 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $7,897 | $23,385-66.2% | $69,182-88.6% | $57,658-86.3% |
| Participation rate | 37.1% | 37.9%-0.8pp | 55.1%-18.0pp | 70.2%-33.1pp |
| Annual return | 8.85% | -659.34%+668.2pp | -21.93%+30.8pp | 5.13%+3.7pp |
| Employer contribution / active EE | $21 | $422-95.1% | $1,206-98.3% | $1,974-98.9% |
| Participant deferral / active EE | $467 | $843-44.5% | $1,897-75.4% | $3,061-84.7% |
| Admin fee / account holder | $14 | $82-82.7% | $2,697-99.5% | $95-85.0% |