Filed August 24, 2020
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 9-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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $125,070 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,126 | $45,000+4.7% | $143,757-67.2% | $77,904-39.5% |
| Participation rate | 98.1% | 66.8%+31.3pp | 80.3%+17.8pp | 73.7%+24.4pp |
| Annual return | -16.72% | 29.03%-45.7pp | -0.04%-16.7pp | 12.21%-28.9pp |
| Employer contribution / active EE | $1,878 | $1,870+0.5% | $4,951-62.1% | $2,848-34.0% |
| Participant deferral / active EE | $4,570 | $3,157+44.8% | $5,637-18.9% | $4,806-4.9% |
| Admin fee / account holder | $67 | $98-32.2% | $14,673-99.5% | $133-49.7% |