Filed January 17, 2014
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL Service code 13 · EIN 42-0127290 | Contract Administrator | $122,222 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $101,694 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $14,666 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $538,755 | $110,258+388.6% | $102,460+425.8% | $200,096+169.2% |
| Participation rate | 99.9% | 86.3%+13.6pp | 76.5%+23.4pp | 72.0%+27.9pp |
| Annual return | 5.12% | 35.78%-30.7pp | 29.47%-24.4pp | 34.26%-29.1pp |
| Employer contribution / active EE | $5,308 | $3,605+47.3% | $3,025+75.5% | $3,038+74.7% |
| Participant deferral / active EE | $0 | $6,377-100.0% | $5,056-100.0% | $5,090-100.0% |
| Admin fee / account holder | $59 | $122-51.9% | $9,460-99.4% | $269-78.2% |