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 COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,286 |
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 | $27,625 | $42,548-35.1% | $74,550-62.9% | $56,287-50.9% |
| Participation rate | 64.0% | 60.5%+3.6pp | 69.1%-5.1pp | 69.9%-5.8pp |
| Annual return | -6.54% | 12.40%-18.9pp | 32.53%-39.1pp | -9.96%+3.4pp |
| Employer contribution / active EE | $784 | $855-8.3% | $1,961-60.0% | $2,111-62.9% |
| Participant deferral / active EE | $1,383 | $2,277-39.3% | $3,108-55.5% | $3,350-58.7% |
| Admin fee / account holder | $71 | $467-84.8% | $5,060-98.6% | $521-86.4% |