Filed November 22, 2021
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $78,326 |
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,190,976 | $241,101+808.7% | $103,333+2020.3% | $199,593+997.7% |
| Participation rate | 97.3% | 78.3%+19.0pp | 74.5%+22.8pp | 72.0%+25.3pp |
| Annual return | 32.55% | 17.80%+14.8pp | 24.88%+7.7pp | 34.25%-1.7pp |
| Employer contribution / active EE | $20,788 | $4,244+389.8% | $3,868+437.5% | $3,034+585.1% |
| Participant deferral / active EE | $9,353 | $3,958+136.3% | $5,057+84.9% | $5,087+83.9% |
| Admin fee / account holder | $48 | $288-83.3% | $8,355-99.4% | $269-82.2% |