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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,017 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $32,433 | $57,921-44.0% | $84,750-61.7% | $57,658-43.8% |
| Participation rate | 41.2% | 72.9%-31.7pp | 76.6%-35.4pp | 70.2%-29.0pp |
| Annual return | 6.42% | 10.24%-3.8pp | 22.78%-16.4pp | 5.13%+1.3pp |
| Employer contribution / active EE | $894 | $2,598-65.6% | $3,574-75.0% | $1,974-54.7% |
| Participant deferral / active EE | $2,676 | $2,742-2.4% | $3,712-27.9% | $3,061-12.6% |
| Admin fee / account holder | $43 | $130-67.1% | $5,332-99.2% | $95-54.9% |