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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $400 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $25,166 | $51,466-51.1% | $78,778-68.1% | $62,292-59.6% |
| Participation rate | 30.2% | 59.8%-29.6pp | 69.2%-39.0pp | 69.5%-39.4pp |
| Annual return | 16.66% | 19.96%-3.3pp | 35.62%-19.0pp | 28.90%-12.2pp |
| Employer contribution / active EE | $324 | $827-60.9% | $1,986-83.7% | $2,042-84.2% |
| Participant deferral / active EE | $835 | $2,147-61.1% | $2,958-71.8% | $3,169-73.7% |
| Admin fee / account holder | $6 | $489-98.8% | $5,134-99.9% | $479-98.8% |