See peer percentile detail with Solo.
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.
See the 9-year trajectory with Solo.
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 COMPANY1+ years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $12,502 |
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.
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 | $12,700 | $46,732-72.8% | $156,549-91.9% | $55,167-77.0% |
| Participation rate | 58.2% | 65.8%-7.6pp | 84.0%-25.9pp | 69.0%-10.8pp |
| Annual return | 5.93% | 17.72%-11.8pp | 32.23%-26.3pp | 169.23%-163.3pp |
| Employer contribution / active EE | $569 | $2,105-73.0% | $5,501-89.7% | $1,963-71.0% |
| Participant deferral / active EE | $958 | $2,204-56.6% | $4,871-80.3% | $3,054-68.6% |
| Admin fee / account holder | $131 | $418-68.7% | $13,027-99.0% | $504-74.0% |