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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $109,923 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,716 | $91,746-73.1% | $146,665-83.1% | $93,030-73.4% |
| Participation rate | 99.3% | 80.9%+18.4pp | 80.1%+19.2pp | 73.9%+25.4pp |
| Annual return | 16.92% | 18.28%-1.4pp | 22.74%-5.8pp | 158.70%-141.8pp |
| Employer contribution / active EE | $1,906 | $2,815-32.3% | $4,136-53.9% | $2,706-29.6% |
| Participant deferral / active EE | $1,986 | $4,589-56.7% | $5,506-63.9% | $4,562-56.5% |
| Admin fee / account holder | $103 | $101+1.4% | $10,280-99.0% | $152-32.4% |