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 4-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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $11,338 |
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.)
Annual investment return 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 | $76,557 | $49,451+54.8% | $79,550-3.8% | $66,914+14.4% |
| Participation rate | 19.8% | 61.3%-41.5pp | 69.5%-49.7pp | 69.8%-50.0pp |
| Annual return | -20.33% | 84.25%-104.6pp | 0.16%-20.5pp | 1.58%-21.9pp |
| Employer contribution / active EE | $697 | $1,266-44.9% | $2,413-71.1% | $2,544-72.6% |
| Participant deferral / active EE | $1,917 | $3,159-39.3% | $3,985-51.9% | $4,237-54.8% |
| Admin fee / account holder | $410 | $595-31.0% | $6,832-94.0% | $593-30.9% |