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 | $9,496 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $14,213 | $52,467-72.9% | $57,179-75.1% | $55,167-74.2% |
| Participation rate | 55.6% | 75.8%-20.3pp | 75.3%-19.8pp | 69.0%-13.4pp |
| Annual return | 8.05% | 7.72%+0.3pp | 14.59%-6.5pp | 169.23%-161.2pp |
| Employer contribution / active EE | $1,049 | $2,477-57.7% | $2,682-60.9% | $1,963-46.6% |
| Participant deferral / active EE | $1,612 | $2,830-43.0% | $3,096-47.9% | $3,054-47.2% |
| Admin fee / account holder | $99 | $269-63.2% | $3,139-96.8% | $504-80.4% |