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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $27,574 |
Service code 49 · EIN 93-0502772 | Other Services | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $57,814 | $46,423+24.5% | $75,886-23.8% | $67,579-14.4% |
| Participation rate | 30.4% | 63.1%-32.7pp | 69.3%-38.9pp | 71.3%-40.9pp |
| Annual return | 25.49% | 32.29%-6.8pp | 30.76%-5.3pp | 378.56%-353.1pp |
| Employer contribution / active EE | $209 | $1,406-85.2% | $2,500-91.7% | $2,148-90.3% |
| Participant deferral / active EE | $1,193 | $2,564-53.5% | $3,603-66.9% | $3,539-66.3% |
| Admin fee / account holder | $169 | $132+28.4% | $5,418-96.9% | $142+18.9% |