Filed November 29, 2017
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 COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,740 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $61,184 | $66,124-7.5% | $90,461-32.4% | $73,497-16.8% |
| Participation rate | 99.3% | 69.7%+29.7pp | 72.7%+26.7pp | 70.7%+28.7pp |
| Annual return | 16.51% | 17.65%-1.1pp | 1294.76%-1278.3pp | 28.51%-12.0pp |
| Employer contribution / active EE | $5,290 | $2,346+125.4% | $3,264+62.1% | $2,270+133.0% |
| Participant deferral / active EE | $4,845 | $3,039+59.4% | $3,964+22.2% | $3,740+29.5% |
| Admin fee / account holder | $300 | $396-24.2% | $5,617-94.7% | $513-41.5% |