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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,316 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 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 | $9,609 | $75,828-87.3% | $147,614-93.5% | $59,632-83.9% |
| Participation rate | 59.8% | 71.6%-11.8pp | 84.6%-24.8pp | 68.7%-8.9pp |
| Annual return | -0.17% | 0.37%-0.5pp | 61.98%-62.1pp | 2041.28%-2041.5pp |
| Employer contribution / active EE | $829 | $3,485-76.2% | $5,564-85.1% | $2,203-62.4% |
| Participant deferral / active EE | $0 | $3,130-100.0% | $4,895-100.0% | $3,192-100.0% |
| Admin fee / account holder | $27 | $5,985-99.6% | $11,611-99.8% | $4,297-99.4% |