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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,869 |
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 | $31,972 | $34,308-6.8% | $74,701-57.2% | $72,985-56.2% |
| Participation rate | 60.4% | 42.4%+18.0pp | 54.5%+5.9pp | 69.5%-9.1pp |
| Annual return | 26.61% | 26.58%0pp | 752.92%-726.3pp | 81.00%-54.4pp |
| Employer contribution / active EE | $1,422 | $692+105.6% | $1,084+31.2% | $2,440-41.7% |
| Participant deferral / active EE | $2,355 | $1,271+85.3% | $1,964+19.9% | $3,607-34.7% |
| Admin fee / account holder | $98 | $2,124-95.4% | $3,333-97.1% | $5,124-98.1% |