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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $32,781 |
BUSINESS SOLUTIONS INC6+ years Service code 49 · EIN 54-1942298 | Other Services | $1,709 |
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).
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 | $36,153 | $52,293-30.9% | $178,490-79.7% | $73,409-50.8% |
| Participation rate | 21.4% | 65.3%-44.0pp | 81.9%-60.5pp | 72.2%-50.8pp |
| Annual return | 13.91% | 34.75%-20.8pp | 151.07%-137.2pp | 59.29%-45.4pp |
| Employer contribution / active EE | $0 | $1,735-100.0% | $5,011-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $780 | $2,332-66.6% | $5,202-85.0% | $3,805-79.5% |
| Admin fee / account holder | $154 | $127+20.9% | $13,984-98.9% | $158-2.5% |