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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,143 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $40,874 | $58,879-30.6% | $178,490-77.1% | $73,488-44.4% |
| Participation rate | 58.5% | 66.2%-7.7pp | 81.9%-23.4pp | 70.7%-12.1pp |
| Annual return | 11.82% | 24.86%-13.0pp | 151.07%-139.3pp | 28.51%-16.7pp |
| Employer contribution / active EE | $314 | $2,236-85.9% | $5,011-93.7% | $2,270-86.2% |
| Participant deferral / active EE | $912 | $2,567-64.5% | $5,202-82.5% | $3,740-75.6% |
| Admin fee / account holder | $29 | $400-92.9% | $13,984-99.8% | $513-94.4% |