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 3-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 | $30,064 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,030 | $88,634-87.6% | $101,326-89.1% | $74,304-85.2% |
| Participation rate | 90.3% | 76.9%+13.4pp | 81.5%+8.8pp | 60.3%+29.9pp |
| Annual return | 16.27% | 33.10%-16.8pp | 36.82%-20.5pp | 29.43%-13.2pp |
| Employer contribution / active EE | $1,536 | $2,930-47.6% | $3,665-58.1% | $2,241-31.5% |
| Participant deferral / active EE | $2,080 | $7,322-71.6% | $7,994-74.0% | $3,767-44.8% |
| Admin fee / account holder | $118 | $2,425-95.1% | $11,185-98.9% | $2,969-96.0% |