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 9-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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,455 |
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 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 | $17,225 | $55,790-69.1% | $76,817-77.6% | $67,579-74.5% |
| Participation rate | 50.7% | 71.1%-20.4pp | 72.1%-21.4pp | 71.3%-20.6pp |
| Annual return | 38.38% | 64.45%-26.1pp | 1166.11%-1127.7pp | 378.56%-340.2pp |
| Employer contribution / active EE | $1,188 | $1,810-34.4% | $2,302-48.4% | $2,148-44.7% |
| Participant deferral / active EE | $2,120 | $2,875-26.3% | $3,336-36.4% | $3,539-40.1% |
| Admin fee / account holder | $111 | $159-30.1% | $6,420-98.3% | $142-21.9% |