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 6-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 | $2,964 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,079 | $86,897-66.5% | $151,611-80.8% | $64,808-55.1% |
| Participation rate | 64.5% | 87.3%-22.8pp | 87.5%-23.0pp | 71.5%-7.0pp |
| Annual return | -8.12% | -3.57%-4.6pp | 3.33%-11.4pp | 32.82%-40.9pp |
| Employer contribution / active EE | $1,920 | $4,010-52.1% | $6,166-68.9% | $2,506-23.4% |
| Participant deferral / active EE | $4,445 | $6,690-33.6% | $8,363-46.9% | $4,310+3.1% |
| Admin fee / account holder | $13 | $153-91.3% | $11,616-99.9% | $188-92.9% |