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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $23,758 |
Participant 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).
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 | $17,252 | $80,177-78.5% | $123,892-86.1% | $57,658-70.1% |
| Participation rate | 82.1% | 74.4%+7.7pp | 81.4%+0.7pp | 70.2%+11.9pp |
| Annual return | 7.52% | 17.90%-10.4pp | 47.52%-40.0pp | 5.13%+2.4pp |
| Employer contribution / active EE | $640 | $2,913-78.0% | $4,617-86.1% | $1,974-67.6% |
| Participant deferral / active EE | $1,150 | $5,130-77.6% | $5,984-80.8% | $3,061-62.4% |
| Admin fee / account holder | $31 | $106-71.0% | $8,357-99.6% | $95-67.4% |