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 | $20,357 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $23,023 | $51,620-55.4% | $90,281-74.5% | $65,185-64.7% |
| Participation rate | 40.4% | 68.6%-28.2pp | 73.3%-32.8pp | 70.2%-29.8pp |
| Annual return | 20.54% | 24.94%-4.4pp | 78.10%-57.6pp | 29.38%-8.8pp |
| Employer contribution / active EE | $506 | $2,235-77.4% | $2,854-82.3% | $2,177-76.8% |
| Participant deferral / active EE | $1,330 | $2,871-53.7% | $3,885-65.8% | $3,514-62.1% |
| Admin fee / account holder | $304 | $384-20.9% | $5,351-94.3% | $847-64.1% |