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 4-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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $37,603 |
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.
Annual investment return 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 | $18,961 | $47,746-60.3% | $70,164-73.0% | $74,419-74.5% |
| Participation rate | 32.8% | 72.7%-39.9pp | 78.8%-46.1pp | 70.7%-38.0pp |
| Annual return | 0.67% | 18.37%-17.7pp | 18.87%-18.2pp | 34.38%-33.7pp |
| Employer contribution / active EE | $0 | $2,297-100.0% | $4,287-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $504 | $3,187-84.2% | $5,395-90.7% | $4,528-88.9% |
| Admin fee / account holder | $171 | $567-69.9% | $4,561-96.3% | $348-50.9% |