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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,396 |
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.
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 | $19,485 | $64,909-70.0% | $82,313-76.3% | $62,292-68.7% |
| Participation rate | 89.6% | 74.9%+14.8pp | 76.9%+12.7pp | 69.5%+20.1pp |
| Annual return | 13.93% | 21.18%-7.2pp | 25.88%-11.9pp | 28.90%-15.0pp |
| Employer contribution / active EE | $1,114 | $1,676-33.5% | $2,428-54.1% | $2,042-45.4% |
| Participant deferral / active EE | $1,231 | $3,103-60.3% | $3,706-66.8% | $3,169-61.2% |
| Admin fee / account holder | $96 | $440-78.2% | $5,608-98.3% | $479-80.0% |