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 7-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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,287 |
Service code 49 · EIN 93-0987232 | Other Services | $10,225 |
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 | $22,299 | $61,473-63.7% | $81,930-72.8% | $73,409-69.6% |
| Participation rate | 28.9% | 72.4%-43.5pp | 72.0%-43.1pp | 72.2%-43.3pp |
| Annual return | 23.95% | 28.26%-4.3pp | 29.49%-5.5pp | 59.29%-35.3pp |
| Employer contribution / active EE | $688 | $1,898-63.8% | $4,310-84.0% | $2,234-69.2% |
| Participant deferral / active EE | $1,179 | $3,080-61.7% | $7,107-83.4% | $3,805-69.0% |
| Admin fee / account holder | $190 | $125+51.1% | $5,158-96.3% | $158+20.1% |