Filed January 25, 2021 (most recent of 3 filings on file)
Total covered: 15 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $550 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,459 | $122,219-65.3% | $147,096-71.1% | $199,921-78.8% |
| Participation rate | 87.1% | 78.3%+8.9pp | 82.2%+5.0pp | 72.0%+15.1pp |
| Annual return | 73.06% | 30.59%+42.5pp | 419.75%-346.7pp | 34.28%+38.8pp |
| Employer contribution / active EE | $762 | $4,096-81.4% | $4,936-84.6% | $3,035-74.9% |
| Participant deferral / active EE | $0 | $8,503-100.0% | $8,071-100.0% | $5,089-100.0% |
| Admin fee / account holder | $0 | $179-100.0% | $13,005-100.0% | $269-100.0% |