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 | $90,314 |
Service code 49 · EIN 52-2114207 | Other Services | $80,913 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $14,437 | $63,964-77.4% | $147,614-90.2% | $67,505-78.6% |
| Participation rate | 54.2% | 68.6%-14.4pp | 84.6%-30.4pp | 71.2%-17.0pp |
| Annual return | 0.21% | 9.05%-8.8pp | 61.98%-61.8pp | 6.52%-6.3pp |
| Employer contribution / active EE | $556 | $1,618-65.6% | $5,564-90.0% | $2,173-74.4% |
| Participant deferral / active EE | $940 | $2,589-63.7% | $4,895-80.8% | $3,597-73.9% |
| Admin fee / account holder | $19 | $43-55.8% | $11,611-99.8% | $56-66.3% |