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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $21,064 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,713 | $37,426-26.0% | $77,482-64.2% | $79,858-65.3% |
| Participation rate | 27.8% | 41.5%-13.7pp | 54.2%-26.4pp | 69.6%-41.9pp |
| Annual return | 6.92% | 39.70%-32.8pp | 54.79%-47.9pp | 31.71%-24.8pp |
| Employer contribution / active EE | $56 | $637-91.2% | $986-94.3% | $2,471-97.7% |
| Participant deferral / active EE | $1,374 | $1,260+9.1% | $1,861-26.2% | $3,740-63.3% |
| Admin fee / account holder | $448 | $2,504-82.1% | $2,858-84.3% | $5,306-91.6% |