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 9-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 | $53,044 |
Service code 49 · EIN 74-2794194 | Other Services | $18,965 |
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 | $27,319 | $62,928-56.6% | $172,739-84.2% | $67,579-59.6% |
| Participation rate | 57.3% | 64.5%-7.2pp | 82.6%-25.4pp | 71.3%-14.0pp |
| Annual return | 21.15% | 30.36%-9.2pp | 802.84%-781.7pp | 378.56%-357.4pp |
| Employer contribution / active EE | $197 | $1,636-88.0% | $5,143-96.2% | $2,148-90.8% |
| Participant deferral / active EE | $1,118 | $2,145-47.9% | $5,198-78.5% | $3,539-68.4% |
| Admin fee / account holder | $130 | $167-21.8% | $13,954-99.1% | $142-8.4% |