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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,607 |
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 | $52,230 | $50,464+3.5% | $75,781-31.1% | $52,331-0.2% |
| Participation rate | 34.1% | 66.8%-32.6pp | 75.8%-41.7pp | 68.1%-34.0pp |
| Annual return | -0.82% | 1.03%-1.9pp | 9.68%-10.5pp | 4.54%-5.4pp |
| Employer contribution / active EE | $132 | $1,988-93.4% | $3,323-96.0% | $1,882-93.0% |
| Participant deferral / active EE | $1,572 | $2,570-38.8% | $3,651-56.9% | $3,022-48.0% |
| Admin fee / account holder | $279 | $1,103-74.7% | $5,299-94.7% | $592-52.8% |