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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $53,727 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $16,123 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $123,504 | $50,982+142.3% | $154,803-20.2% | $85,563+44.3% |
| Participation rate | 45.3% | 59.8%-14.4pp | 78.1%-32.7pp | 66.0%-20.6pp |
| Annual return | 11.55% | 30.35%-18.8pp | 58.88%-47.3pp | 31.51%-20.0pp |
| Employer contribution / active EE | $886 | $1,708-48.1% | $4,305-79.4% | $2,654-66.6% |
| Participant deferral / active EE | $3,222 | $2,474+30.2% | $5,540-41.8% | $4,375-26.4% |
| Admin fee / account holder | $371 | $846-56.2% | $14,329-97.4% | $834-55.6% |