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 | $409 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 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 | $23,866 | $85,135-72.0% | $98,907-75.9% | $73,409-67.5% |
| Participation rate | 64.3% | 81.1%-16.8pp | 76.0%-11.7pp | 72.2%-7.9pp |
| Annual return | 13.59% | 19.14%-5.5pp | 196.43%-182.8pp | 59.29%-45.7pp |
| Employer contribution / active EE | $715 | $2,721-73.7% | $2,689-73.4% | $2,234-68.0% |
| Participant deferral / active EE | $1,315 | $4,349-69.8% | $4,244-69.0% | $3,805-65.4% |
| Admin fee / account holder | $166 | $139+19.2% | $6,642-97.5% | $158+5.2% |