Filed November 6, 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 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 | $207,263 |
Employer contribution per participant 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 | $75,261 | $122,693-38.7% | $184,203-59.1% | $199,593-62.3% |
| Participation rate | 91.7% | 86.8%+5.0pp | 86.8%+4.9pp | 72.0%+19.8pp |
| Annual return | 30.24% | 143.91%-113.7pp | 28.81%+1.4pp | 34.25%-4.0pp |
| Employer contribution / active EE | $1,447 | $4,584-68.4% | $6,427-77.5% | $3,034-52.3% |
| Participant deferral / active EE | $7,009 | $7,990-12.3% | $9,131-23.2% | $5,087+37.8% |
| Admin fee / account holder | $153 | $121+26.6% | $13,901-98.9% | $269-43.2% |