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 COMPANY2+ years Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392 | Contract Administrator | $182 |
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.
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 | $42,553 | $46,732-8.9% | $156,549-72.8% | $55,167-22.9% |
| Participation rate | 28.0% | 65.8%-37.8pp | 84.0%-56.1pp | 69.0%-41.0pp |
| Annual return | 7.09% | 17.72%-10.6pp | 32.23%-25.1pp | 169.23%-162.1pp |
| Employer contribution / active EE | $187 | $2,105-91.1% | $5,501-96.6% | $1,963-90.5% |
| Participant deferral / active EE | $1,039 | $2,204-52.9% | $4,871-78.7% | $3,054-66.0% |
| Admin fee / account holder | $3 | $418-99.2% | $13,027-100.0% | $504-99.3% |