Filed December 2, 2020 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $14,037 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,818 | $37,117-46.6% | $147,618-86.6% | $55,191-64.1% |
| Participation rate | 24.7% | 63.6%-38.9pp | 84.6%-59.9pp | 69.2%-44.5pp |
| Annual return | 3.43% | 3.44%0pp | 61.98%-58.5pp | 10.78%-7.3pp |
| Employer contribution / active EE | $0 | $1,620-100.0% | $5,565-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $1,307 | $1,985-34.2% | $4,895-73.3% | $3,046-57.1% |
| Admin fee / account holder | $124 | $86+45.2% | $11,612-98.9% | $91+36.8% |