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 | $10,797 |
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 | $59,208 | $25,302+134.0% | $74,701-20.7% | $67,579-12.4% |
| Participation rate | 12.6% | 37.8%-25.2pp | 54.5%-41.8pp | 71.3%-58.7pp |
| Annual return | 22.67% | 10291.17%-10268.5pp | 752.92%-730.3pp | 378.56%-355.9pp |
| Employer contribution / active EE | $0 | $446-100.0% | $1,084-100.0% | $2,148-100.0% |
| Participant deferral / active EE | $426 | $954-55.3% | $1,964-78.3% | $3,539-88.0% |
| Admin fee / account holder | $230 | $108+113.4% | $3,333-93.1% | $142+61.5% |