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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,212 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 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 | $15,840 | $52,639-69.9% | $185,117-91.4% | $62,292-74.6% |
| Participation rate | 42.3% | 63.9%-21.6pp | 77.3%-35.0pp | 69.5%-27.2pp |
| Annual return | 20.18% | 19.57%+0.6pp | 40.50%-20.3pp | 28.90%-8.7pp |
| Employer contribution / active EE | $993 | $1,483-33.0% | $4,182-76.3% | $2,042-51.4% |
| Participant deferral / active EE | $1,420 | $3,097-54.1% | $5,045-71.8% | $3,169-55.2% |
| Admin fee / account holder | $142 | $374-62.1% | $8,159-98.3% | $479-70.4% |