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 6-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 | $1,726 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,804 | $77,660-92.5% | $109,143-94.7% | $79,386-92.7% |
| Participation rate | 58.7% | 67.8%-9.1pp | 75.9%-17.1pp | 70.7%-12.0pp |
| Annual return | 41.83% | 23.44%+18.4pp | 25.75%+16.1pp | 116.85%-75.0pp |
| Employer contribution / active EE | $0 | $2,797-100.0% | $3,722-100.0% | $2,427-100.0% |
| Participant deferral / active EE | $745 | $3,518-78.8% | $4,653-84.0% | $4,046-81.6% |
| Admin fee / account holder | $21 | $732-97.2% | $6,752-99.7% | $626-96.7% |