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 9-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 | $12,732 |
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 | $22,385 | $39,162-42.8% | $100,671-77.8% | $59,632-62.5% |
| Participation rate | 53.1% | 55.9%-2.8pp | 70.7%-17.7pp | 68.7%-15.6pp |
| Annual return | -1.16% | 21.07%-22.2pp | 20.43%-21.6pp | 2041.28%-2042.4pp |
| Employer contribution / active EE | $0 | $1,151-100.0% | $4,012-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $1,858 | $1,992-6.7% | $3,144-40.9% | $3,192-41.8% |
| Admin fee / account holder | $223 | $2,969-92.5% | $4,850-95.4% | $4,297-94.8% |