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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $828 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $30,436 | $38,969-21.9% | $109,313-72.2% | $55,167-44.8% |
| Participation rate | 39.3% | 58.2%-19.0pp | 71.3%-32.0pp | 69.0%-29.7pp |
| Annual return | 10.43% | 8.26%+2.2pp | 22.07%-11.6pp | 169.23%-158.8pp |
| Employer contribution / active EE | $420 | $1,227-65.7% | $3,892-89.2% | $1,963-78.6% |
| Participant deferral / active EE | $1,335 | $2,176-38.6% | $3,166-57.8% | $3,054-56.3% |
| Admin fee / account holder | $13 | $501-97.3% | $5,666-99.8% | $504-97.3% |