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 7-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 | $27,579 |
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 | $17,877 | $73,638-75.7% | $95,952-81.4% | $73,488-75.7% |
| Participation rate | 99.5% | 76.2%+23.3pp | 77.1%+22.4pp | 70.7%+28.8pp |
| Annual return | 11.80% | 16.78%-5.0pp | 91.61%-79.8pp | 28.51%-16.7pp |
| Employer contribution / active EE | $1,469 | $1,863-21.1% | $2,541-42.2% | $2,270-35.3% |
| Participant deferral / active EE | $1,667 | $3,617-53.9% | $4,167-60.0% | $3,740-55.4% |
| Admin fee / account holder | $140 | $482-71.0% | $6,795-97.9% | $513-72.7% |