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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,341 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $38,389 | $54,573-29.7% | $90,951-57.8% | $73,488-47.8% |
| Participation rate | 53.1% | 61.2%-8.1pp | 69.0%-15.9pp | 70.7%-17.6pp |
| Annual return | 13.46% | 16.69%-3.2pp | 134.60%-121.1pp | 28.51%-15.1pp |
| Employer contribution / active EE | $497 | $991-49.8% | $2,122-76.6% | $2,270-78.1% |
| Participant deferral / active EE | $1,156 | $2,517-54.1% | $3,373-65.7% | $3,740-69.1% |
| Admin fee / account holder | $148 | $521-71.6% | $5,959-97.5% | $513-71.1% |