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.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $125,442 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,875 | $122,186-44.4% | $146,958-53.8% | $199,593-66.0% |
| Participation rate | 23.7% | 78.3%-54.6pp | 82.2%-58.5pp | 72.0%-48.3pp |
| Annual return | 17.69% | 30.56%-12.9pp | 418.34%-400.6pp | 34.25%-16.6pp |
| Employer contribution / active EE | $0 | $4,093-100.0% | $4,933-100.0% | $3,034-100.0% |
| Participant deferral / active EE | $3,468 | $8,502-59.2% | $8,070-57.0% | $5,087-31.8% |
| Admin fee / account holder | $234 | $179+31.2% | $12,998-98.2% | $269-12.8% |