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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,617 |
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 | $101,787 | $66,302+53.5% | $110,238-7.7% | $56,287+80.8% |
| Participation rate | 98.6% | 74.9%+23.7pp | 79.8%+18.8pp | 69.9%+28.8pp |
| Annual return | -2.72% | -1.18%-1.5pp | 314.74%-317.5pp | -9.96%+7.2pp |
| Employer contribution / active EE | $662 | $2,047-67.7% | $3,826-82.7% | $2,111-68.7% |
| Participant deferral / active EE | $7,570 | $3,381+123.9% | $4,672+62.0% | $3,350+126.0% |
| Admin fee / account holder | $303 | $698-56.6% | $8,547-96.4% | $521-41.8% |