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 | $166,606 |
Service code 49 · EIN 74-2794194 | Other Services | $22,843 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $82,430 | $85,135-3.2% | $98,907-16.7% | $73,409+12.3% |
| Participation rate | 68.4% | 81.1%-12.7pp | 76.0%-7.6pp | 72.2%-3.8pp |
| Annual return | 12.68% | 19.14%-6.5pp | 196.43%-183.7pp | 59.29%-46.6pp |
| Employer contribution / active EE | $1,689 | $2,721-37.9% | $2,689-37.2% | $2,234-24.4% |
| Participant deferral / active EE | $3,523 | $4,349-19.0% | $4,244-17.0% | $3,805-7.4% |
| Admin fee / account holder | $323 | $139+131.9% | $6,642-95.1% | $158+104.5% |