Filed January 12, 2021 (most recent of 3 filings on file)
Total covered: 2,125 employees
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,709,126 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,852 | $73,283-25.2% | $155,509-64.7% | $106,382-48.4% |
| Participation rate | 71.1% | 73.3%-2.2pp | 78.2%-7.1pp | 69.9%+1.2pp |
| Annual return | 16.40% | 15.77%+0.6pp | 64.67%-48.3pp | 17.37%-1.0pp |
| Employer contribution / active EE | $704 | $2,247-68.7% | $4,672-84.9% | $3,364-79.1% |
| Participant deferral / active EE | $4,265 | $4,580-6.9% | $5,626-24.2% | $5,569-23.4% |
| Admin fee / account holder | $53 | $56-6.0% | $15,912-99.7% | $79-33.4% |