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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,954 |
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 | $13,665 | $28,109-51.4% | $71,086-80.8% | $56,287-75.7% |
| Participation rate | 36.9% | 40.4%-3.5pp | 54.7%-17.8pp | 69.9%-33.0pp |
| Annual return | -5.30% | -615.05%+609.7pp | 650.59%-655.9pp | -9.96%+4.7pp |
| Employer contribution / active EE | $34 | $558-93.9% | $1,088-96.9% | $2,111-98.4% |
| Participant deferral / active EE | $770 | $1,116-31.0% | $1,874-58.9% | $3,350-77.0% |
| Admin fee / account holder | $244 | $585-58.3% | $3,082-92.1% | $521-53.2% |