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 4-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,679 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $3,574 | $65,061-94.5% | $143,757-97.5% | $66,914-94.7% |
| Participation rate | 55.0% | 65.2%-10.1pp | 80.3%-25.3pp | 69.8%-14.8pp |
| Annual return | -12.76% | -11.14%-1.6pp | -0.04%-12.7pp | 1.58%-14.3pp |
| Employer contribution / active EE | $445 | $2,361-81.2% | $4,951-91.0% | $2,544-82.5% |
| Participant deferral / active EE | $1,542 | $2,919-47.2% | $5,637-72.6% | $4,237-63.6% |
| Admin fee / account holder | $132 | $502-73.7% | $14,673-99.1% | $593-77.7% |