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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $19,917 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $55,347 | $161,852-65.8% | $92,233-40.0% | - |
| Participation rate | 68.7% | 64.7%+4.0pp | 76.5%-7.8pp | - |
| Annual return | 13.13% | 7.35%+5.8pp | 176.28%-163.1pp | - |
| Employer contribution / active EE | $203 | $1,845-89.0% | $3,679-94.5% | - |
| Participant deferral / active EE | $3,735 | $2,669+39.9% | $3,897-4.2% | - |
| Admin fee / account holder | $262 | $7,254-96.4% | $5,194-95.0% | - |