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 9-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 | $43,227 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $36,534 | $63,299-42.3% | $91,001-59.9% | $62,292-41.4% |
| Participation rate | 51.6% | 73.3%-21.7pp | 75.6%-24.0pp | 69.5%-17.9pp |
| Annual return | 37.29% | 20.99%+16.3pp | 4.60%+32.7pp | 28.90%+8.4pp |
| Employer contribution / active EE | $1,214 | $1,807-32.8% | $2,456-50.6% | $2,042-40.6% |
| Participant deferral / active EE | $2,163 | $2,943-26.5% | $3,547-39.0% | $3,169-31.8% |
| Admin fee / account holder | $340 | $468-27.2% | $5,417-93.7% | $479-29.0% |