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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,014 |
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 | $6,258 | $64,119-90.2% | $112,228-94.4% | $66,914-90.6% |
| Participation rate | 62.1% | 68.5%-6.4pp | 75.1%-13.0pp | 69.8%-7.7pp |
| Annual return | 10.67% | -13.81%+24.5pp | 27.45%-16.8pp | 1.58%+9.1pp |
| Employer contribution / active EE | $0 | $3,005-100.0% | $3,635-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $890 | $3,693-75.9% | $4,728-81.2% | $4,237-79.0% |
| Admin fee / account holder | $24 | $625-96.2% | $6,410-99.6% | $593-96.0% |