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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,548 |
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.
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 | $9,107 | $46,173-80.3% | $170,442-94.7% | $69,631-86.9% |
| Participation rate | 46.2% | 63.9%-17.7pp | 83.6%-37.4pp | 70.7%-24.5pp |
| Annual return | 18.54% | 21.62%-3.1pp | 205.93%-187.4pp | 27571.02%-27552.5pp |
| Employer contribution / active EE | $226 | $1,610-86.0% | $5,433-95.8% | $2,032-88.9% |
| Participant deferral / active EE | $803 | $2,080-61.4% | $4,939-83.8% | $3,224-75.1% |
| Admin fee / account holder | $13 | $116-88.9% | $13,880-99.9% | $110-88.3% |