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 COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,881 |
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.
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 | $56,265 | $129,021-56.4% | $184,203-69.5% | $77,643-27.5% |
| Participation rate | 58.2% | 87.3%-29.1pp | 86.8%-28.6pp | 70.6%-12.4pp |
| Annual return | 30.10% | 33.27%-3.2pp | 28.81%+1.3pp | 31.24%-1.1pp |
| Employer contribution / active EE | $1,894 | $4,413-57.1% | $6,427-70.5% | $2,726-30.5% |
| Participant deferral / active EE | $3,807 | $7,297-47.8% | $9,131-58.3% | $4,647-18.1% |
| Admin fee / account holder | $39 | $254-84.8% | $13,901-99.7% | $430-91.0% |