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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,167 |
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.
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 | $24,946 | $46,072-45.9% | $70,014-64.4% | $55,167-54.8% |
| Participation rate | 44.2% | 67.5%-23.2pp | 71.8%-27.6pp | 69.0%-24.8pp |
| Annual return | 6.01% | 8.68%-2.7pp | 12.99%-7.0pp | 169.23%-163.2pp |
| Employer contribution / active EE | $265 | $1,500-82.3% | $2,338-88.6% | $1,963-86.5% |
| Participant deferral / active EE | $1,146 | $2,344-51.1% | $2,931-60.9% | $3,054-62.5% |
| Admin fee / account holder | $76 | $428-82.2% | $4,380-98.3% | $504-84.9% |