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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,442 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,848 | $81,474-70.7% | $133,956-82.2% | $73,488-67.5% |
| Participation rate | 61.1% | 76.4%-15.3pp | 79.8%-18.8pp | 70.7%-9.6pp |
| Annual return | 17.32% | 19.40%-2.1pp | 45.09%-27.8pp | 28.51%-11.2pp |
| Employer contribution / active EE | $252 | $2,209-88.6% | $3,919-93.6% | $2,270-88.9% |
| Participant deferral / active EE | $2,606 | $3,786-31.2% | $5,048-48.4% | $3,740-30.3% |
| Admin fee / account holder | $122 | $713-82.9% | $8,927-98.6% | $513-76.3% |