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 | $6,082 |
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 | $29,688 | $50,385-41.1% | $75,670-60.8% | $62,292-52.3% |
| Participation rate | 42.9% | 67.7%-24.9pp | 72.3%-29.5pp | 69.5%-26.7pp |
| Annual return | 13.73% | 19.90%-6.2pp | 27.34%-13.6pp | 28.90%-15.2pp |
| Employer contribution / active EE | $282 | $1,537-81.7% | $2,352-88.0% | $2,042-86.2% |
| Participant deferral / active EE | $1,239 | $2,445-49.3% | $3,142-60.6% | $3,169-60.9% |
| Admin fee / account holder | $84 | $384-78.0% | $5,800-98.5% | $479-82.4% |