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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,164 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $20,786 | $27,330-23.9% | $67,711-69.3% | $55,191-62.3% |
| Participation rate | 5.4% | 47.5%-42.2pp | 67.5%-62.2pp | 69.2%-63.8pp |
| Annual return | 10.98% | 8.81%+2.2pp | 25.41%-14.4pp | 10.78%+0.2pp |
| Employer contribution / active EE | $170 | $855-80.1% | $2,559-93.3% | $1,899-91.0% |
| Participant deferral / active EE | $292 | $1,709-82.9% | $3,585-91.9% | $3,046-90.4% |
| Admin fee / account holder | $150 | $109+37.6% | $4,255-96.5% | $91+65.6% |