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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,458 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $2,530 | $39,859-93.7% | $78,689-96.8% | $57,658-95.6% |
| Participation rate | 59.7% | 66.1%-6.4pp | 73.6%-13.9pp | 70.2%-10.5pp |
| Annual return | 9.05% | 18.96%-9.9pp | 62.18%-53.1pp | 5.13%+3.9pp |
| Employer contribution / active EE | $283 | $1,786-84.2% | $2,851-90.1% | $1,974-85.7% |
| Participant deferral / active EE | $453 | $2,248-79.9% | $3,517-87.1% | $3,061-85.2% |
| Admin fee / account holder | $17 | $76-78.1% | $4,510-99.6% | $95-82.3% |