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 COMPANY3+ years Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392 | Contract Administrator | $5,475 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $50,557 | $55,453-8.8% | $170,442-70.3% | $62,292-18.8% |
| Participation rate | 28.7% | 66.4%-37.6pp | 83.6%-54.8pp | 69.5%-40.8pp |
| Annual return | 15.25% | 21.38%-6.1pp | 205.93%-190.7pp | 28.90%-13.6pp |
| Employer contribution / active EE | $188 | $2,164-91.3% | $5,433-96.5% | $2,042-90.8% |
| Participant deferral / active EE | $1,085 | $2,303-52.9% | $4,939-78.0% | $3,169-65.8% |
| Admin fee / account holder | $84 | $455-81.6% | $13,880-99.4% | $479-82.6% |