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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,256 |
Service code 49 · EIN 13-4023176 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $25,079 | $64,909-61.4% | $82,313-69.5% | $62,292-59.7% |
| Participation rate | 66.4% | 74.9%-8.5pp | 76.9%-10.5pp | 69.5%-3.1pp |
| Annual return | 18.30% | 21.18%-2.9pp | 25.88%-7.6pp | 28.90%-10.6pp |
| Employer contribution / active EE | $285 | $1,676-83.0% | $2,428-88.3% | $2,042-86.1% |
| Participant deferral / active EE | $1,492 | $3,103-51.9% | $3,706-59.8% | $3,169-52.9% |
| Admin fee / account holder | $42 | $440-90.5% | $5,608-99.3% | $479-91.3% |