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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $16,330 |
Service code 49 · EIN 51-6041053 | Other Services | $5,428 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $124,787 | $52,279+138.7% | $89,391+39.6% | $79,858+56.3% |
| Participation rate | 61.0% | 57.5%+3.5pp | 68.0%-7.0pp | 69.6%-8.6pp |
| Annual return | 18.72% | 22.16%-3.4pp | 245.62%-226.9pp | 31.71%-13.0pp |
| Employer contribution / active EE | $0 | $1,572-100.0% | $2,586-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $2,236 | $2,740-18.4% | $3,890-42.5% | $3,740-40.2% |
| Admin fee / account holder | $340 | $3,356-89.9% | $4,881-93.0% | $5,306-93.6% |