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 | $4,758 |
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).
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 | $29,029 | $35,183-17.5% | $73,545-60.5% | $70,131-58.6% |
| Participation rate | 47.6% | 42.9%+4.7pp | 54.9%-7.3pp | 69.5%-21.9pp |
| Annual return | 20.01% | 26.90%-6.9pp | -15.16%+35.2pp | 73.14%-53.1pp |
| Employer contribution / active EE | $722 | $709+1.9% | $1,219-40.8% | $2,342-69.2% |
| Participant deferral / active EE | $1,250 | $1,220+2.4% | $1,806-30.8% | $3,332-62.5% |
| Admin fee / account holder | $87 | $2,302-96.2% | $2,320-96.3% | $4,645-98.1% |