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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $23,322 |
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 | $54,922 | $56,443-2.7% | $83,848-34.5% | $55,725-1.4% |
| Participation rate | 24.2% | 72.0%-47.8pp | 76.1%-51.9pp | 70.9%-46.6pp |
| Annual return | -3.92% | 393.67%-397.6pp | 850.88%-854.8pp | 244.93%-248.8pp |
| Employer contribution / active EE | $87 | $2,682-96.8% | $3,631-97.6% | $2,078-95.8% |
| Participant deferral / active EE | $1,442 | $2,965-51.4% | $4,082-64.7% | $3,356-57.0% |
| Admin fee / account holder | $295 | $156+89.0% | $5,478-94.6% | $115+156.3% |