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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,637 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $7,861 |
Service code 49 · EIN 74-2794194 | Other Services | $6,096 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,250 | $49,451-18.6% | $79,550-49.4% | $66,914-39.8% |
| Participation rate | 58.1% | 61.3%-3.3pp | 69.5%-11.4pp | 69.8%-11.7pp |
| Annual return | -16.09% | 84.25%-100.3pp | 0.16%-16.3pp | 1.58%-17.7pp |
| Employer contribution / active EE | $0 | $1,266-100.0% | $2,413-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $3,722 | $3,159+17.8% | $3,985-6.6% | $4,237-12.2% |
| Admin fee / account holder | $300 | $595-49.5% | $6,832-95.6% | $593-49.4% |