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 6-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 | $12,708 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,822 | $62,603-77.9% | $104,294-86.7% | $66,914-79.3% |
| Participation rate | 46.6% | 59.6%-13.0pp | 73.3%-26.7pp | 69.8%-23.3pp |
| Annual return | -24.88% | -14.70%-10.2pp | 24.61%-49.5pp | 1.58%-26.5pp |
| Employer contribution / active EE | $1,542 | $1,972-21.8% | $3,372-54.3% | $2,544-39.4% |
| Participant deferral / active EE | $1,904 | $2,853-33.3% | $4,625-58.8% | $4,237-55.1% |
| Admin fee / account holder | $155 | $656-76.3% | $7,339-97.9% | $593-73.8% |