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 | $610 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $30,524 | $52,467-41.8% | $57,179-46.6% | $55,167-44.7% |
| Participation rate | 36.3% | 75.8%-39.6pp | 75.3%-39.1pp | 69.0%-32.7pp |
| Annual return | 5.45% | 7.72%-2.3pp | 14.59%-9.1pp | 169.23%-163.8pp |
| Employer contribution / active EE | $302 | $2,477-87.8% | $2,682-88.7% | $1,963-84.6% |
| Participant deferral / active EE | $1,157 | $2,830-59.1% | $3,096-62.6% | $3,054-62.1% |
| Admin fee / account holder | -$2 | $269-100.8% | $3,139-100.1% | $504-100.4% |