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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $19,431 |
Service code 49 · EIN 74-2794194 | Other Services | $5,143 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $1,636 | $33,283-95.1% | $77,482-97.9% | $93,223-98.2% |
| Participation rate | 23.6% | 33.8%-10.3pp | 54.2%-30.6pp | 74.9%-51.3pp |
| Annual return | 21.44% | 16.24%+5.2pp | 54.79%-33.3pp | 19.29%+2.2pp |
| Employer contribution / active EE | $19 | $311-94.0% | $986-98.1% | $2,680-99.3% |
| Participant deferral / active EE | $45 | $886-94.9% | $1,861-97.6% | $4,563-99.0% |
| Admin fee / account holder | $15 | $97-84.5% | $2,858-99.5% | $79-81.0% |