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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,198 |
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $33,156 | $36,767-9.8% | $81,478-59.3% | $62,292-46.8% |
| Participation rate | 38.6% | 54.4%-15.8pp | 68.0%-29.3pp | 69.5%-30.9pp |
| Annual return | 18.70% | 173.80%-155.1pp | 38.78%-20.1pp | 28.90%-10.2pp |
| Employer contribution / active EE | $1,405 | $1,128+24.5% | $2,568-45.3% | $2,042-31.2% |
| Participant deferral / active EE | $1,839 | $2,111-12.8% | $3,537-48.0% | $3,169-42.0% |
| Admin fee / account holder | $118 | $797-85.1% | $4,561-97.4% | $479-75.3% |