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.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,660 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,676 | $55,415-44.6% | $155,509-80.3% | $74,495-58.8% |
| Participation rate | 58.7% | 61.9%-3.2pp | 78.2%-19.5pp | 67.2%-8.5pp |
| Annual return | 18.83% | 268.50%-249.7pp | 64.67%-45.8pp | 1364.94%-1346.1pp |
| Employer contribution / active EE | $0 | $2,267-100.0% | $4,672-100.0% | $2,623-100.0% |
| Participant deferral / active EE | $8,769 | $2,836+209.2% | $5,626+55.9% | $4,346+101.8% |
| Admin fee / account holder | $29 | $1,738-98.4% | $15,912-99.8% | $1,942-98.5% |