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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,055 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $18,962 | $31,679-40.1% | $74,701-74.6% | $65,185-70.9% |
| Participation rate | 36.7% | 40.4%-3.7pp | 54.5%-17.8pp | 70.2%-33.5pp |
| Annual return | 16.54% | 39.04%-22.5pp | 752.92%-736.4pp | 29.38%-12.8pp |
| Employer contribution / active EE | $35 | $566-93.9% | $1,084-96.8% | $2,177-98.4% |
| Participant deferral / active EE | $812 | $1,191-31.8% | $1,964-58.7% | $3,514-76.9% |
| Admin fee / account holder | $302 | $379-20.2% | $3,333-90.9% | $847-64.3% |