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 | $26,277 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $42,018 | $49,138-14.5% | $84,015-50.0% | $65,185-35.5% |
| Participation rate | 56.8% | 60.7%-4.0pp | 69.0%-12.3pp | 70.2%-13.4pp |
| Annual return | 21.91% | 23.00%-1.1pp | 71.31%-49.4pp | 29.38%-7.5pp |
| Employer contribution / active EE | $800 | $914-12.5% | $1,983-59.7% | $2,177-63.3% |
| Participant deferral / active EE | $1,383 | $2,397-42.3% | $3,239-57.3% | $3,514-60.7% |
| Admin fee / account holder | $233 | $543-57.2% | $6,101-96.2% | $847-72.5% |