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 | $9,870 |
Filed as: PRINCIPAL LIFE INSURANCE Service code 13 | Contract Administrator | $2,295 |
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 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 | $37,417 | $84,948-56.0% | $70,449-46.9% | $73,409-49.0% |
| Participation rate | 29.4% | 79.9%-50.5pp | 75.1%-45.6pp | 72.2%-42.8pp |
| Annual return | 4.94% | 13.39%-8.4pp | 109.03%-104.1pp | 59.29%-54.4pp |
| Employer contribution / active EE | $1,279 | $2,834-54.9% | $2,737-53.2% | $2,234-42.7% |
| Participant deferral / active EE | $1,104 | $3,387-67.4% | $3,709-70.2% | $3,805-71.0% |
| Admin fee / account holder | $23 | $98-76.2% | $3,845-99.4% | $158-85.2% |