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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,294 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $44,801 | $54,590-17.9% | $81,930-45.3% | $73,488-39.0% |
| Participation rate | 34.1% | 68.3%-34.2pp | 72.0%-37.9pp | 70.7%-36.6pp |
| Annual return | 12.68% | 17.74%-5.1pp | 29.49%-16.8pp | 28.51%-15.8pp |
| Employer contribution / active EE | $889 | $1,636-45.7% | $4,310-79.4% | $2,270-60.8% |
| Participant deferral / active EE | $1,401 | $2,759-49.2% | $7,107-80.3% | $3,740-62.5% |
| Admin fee / account holder | $352 | $592-40.6% | $5,158-93.2% | $513-31.5% |