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 | $16,306 |
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.
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 | $30,683 | $107,440-71.4% | $105,738-71.0% | $55,725-44.9% |
| Participation rate | 59.0% | 55.5%+3.5pp | 76.3%-17.3pp | 70.9%-11.8pp |
| Annual return | 4.82% | -0.59%+5.4pp | 6.27%-1.5pp | 244.93%-240.1pp |
| Employer contribution / active EE | $0 | $1,448-100.0% | $3,268-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $942 | $2,171-56.6% | $4,080-76.9% | $3,356-71.9% |
| Admin fee / account holder | $37 | $283-86.9% | $6,913-99.5% | $115-67.7% |