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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,576 |
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 | $13,990 | $65,376-78.6% | $87,100-83.9% | $65,185-78.5% |
| Participation rate | 94.4% | 75.3%+19.1pp | 76.9%+17.5pp | 70.2%+24.2pp |
| Annual return | 21.18% | 31.27%-10.1pp | 28.19%-7.0pp | 29.38%-8.2pp |
| Employer contribution / active EE | $598 | $1,822-67.2% | $2,521-76.3% | $2,177-72.5% |
| Participant deferral / active EE | $1,397 | $3,388-58.8% | $4,049-65.5% | $3,514-60.3% |
| Admin fee / account holder | $52 | $520-89.9% | $7,497-99.3% | $847-93.8% |