See peer percentile detail with Solo.
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.
See the 4-year trajectory with Solo.
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,378 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,215 | $26,549-50.2% | $61,373-78.5% | $66,914-80.3% |
| Participation rate | 31.0% | 38.1%-7.1pp | 52.6%-21.5pp | 69.8%-38.8pp |
| Annual return | -19.70% | -16.21%-3.5pp | 338.61%-358.3pp | 1.58%-21.3pp |
| Employer contribution / active EE | $335 | $651-48.5% | $1,159-71.1% | $2,544-86.8% |
| Participant deferral / active EE | $1,536 | $1,338+14.8% | $2,125-27.7% | $4,237-63.7% |
| Admin fee / account holder | $147 | $409-64.0% | $2,130-93.1% | $593-75.2% |