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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $730 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $1,004 | $27,330-96.3% | $67,711-98.5% | $55,191-98.2% |
| Participation rate | 62.1% | 47.5%+14.6pp | 67.5%-5.4pp | 69.2%-7.0pp |
| Annual return | 0.00% | 8.81%-8.8pp | 25.41%-25.4pp | 10.78%-10.8pp |
| Employer contribution / active EE | $130 | $855-84.8% | $2,559-94.9% | $1,899-93.2% |
| Participant deferral / active EE | $508 | $1,709-70.3% | $3,585-85.8% | $3,046-83.3% |
| Admin fee / account holder | $4 | $109-96.5% | $4,255-99.9% | $91-95.8% |