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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,802 |
Service code 49 · EIN 41-0973005 | Other Services | $23,449 |
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.)
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 | $40,920 | $83,884-51.2% | $64,056-36.1% | $74,419-45.0% |
| Participation rate | 46.6% | 76.6%-30.0pp | 72.3%-25.7pp | 70.7%-24.2pp |
| Annual return | 15.83% | 16.57%-0.7pp | 33.69%-17.9pp | 34.38%-18.6pp |
| Employer contribution / active EE | $0 | $3,084-100.0% | $2,747-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $1,950 | $3,692-47.2% | $3,880-49.7% | $4,528-56.9% |
| Admin fee / account holder | $323 | $196+64.6% | $3,068-89.5% | $348-7.2% |