Filed February 22, 2023
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $25,026 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,271 | $60,323-43.2% | $81,812-58.1% | $74,495-54.0% |
| Participation rate | 94.7% | 62.9%+31.8pp | 72.3%+22.3pp | 67.2%+27.5pp |
| Annual return | 10.72% | 16.90%-6.2pp | 773.79%-763.1pp | 1364.94%-1354.2pp |
| Employer contribution / active EE | $3,837 | $2,620+46.4% | $2,912+31.7% | $2,623+46.3% |
| Participant deferral / active EE | $0 | $3,387-100.0% | $4,319-100.0% | $4,346-100.0% |
| Admin fee / account holder | $90 | $1,486-93.9% | $7,386-98.8% | $1,942-95.3% |