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 | $3,368 |
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 | $43,377 | $50,464-14.0% | $75,781-42.8% | $52,331-17.1% |
| Participation rate | 64.3% | 66.8%-2.4pp | 75.8%-11.5pp | 68.1%-3.8pp |
| Annual return | -1.12% | 1.03%-2.1pp | 9.68%-10.8pp | 4.54%-5.7pp |
| Employer contribution / active EE | $817 | $1,988-58.9% | $3,323-75.4% | $1,882-56.6% |
| Participant deferral / active EE | $2,537 | $2,570-1.3% | $3,651-30.5% | $3,022-16.0% |
| Admin fee / account holder | $31 | $1,103-97.2% | $5,299-99.4% | $592-94.8% |