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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $123,845 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $20,312 | $84,000-75.8% | $119,609-83.0% | $77,904-73.9% |
| Participation rate | 49.9% | 77.8%-27.9pp | 79.3%-29.4pp | 73.7%-23.8pp |
| Annual return | -15.32% | -11.59%-3.7pp | -14.97%-0.4pp | 12.21%-27.5pp |
| Employer contribution / active EE | $1,044 | $2,907-64.1% | $4,232-75.3% | $2,848-63.3% |
| Participant deferral / active EE | $1,113 | $4,705-76.3% | $5,602-80.1% | $4,806-76.8% |
| Admin fee / account holder | $98 | $116-15.5% | $10,323-99.1% | $133-26.1% |