See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,400 |
Service code 27 · EIN 22-3623353 | Advisory (Plan) | $14,318 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,969 | $71,142-60.7% | $119,609-76.6% | $64,808-56.8% |
| Participation rate | 36.8% | 78.6%-41.8pp | 79.3%-42.5pp | 71.5%-34.7pp |
| Annual return | -16.99% | -10.01%-7.0pp | -14.97%-2.0pp | 32.82%-49.8pp |
| Employer contribution / active EE | $1,123 | $2,497-55.0% | $4,232-73.5% | $2,506-55.2% |
| Participant deferral / active EE | $1,910 | $4,490-57.5% | $5,602-65.9% | $4,310-55.7% |
| Admin fee / account holder | $213 | $162+31.6% | $10,323-97.9% | $188+13.6% |