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 | $20,136 |
MERIDIAN RISK MANAGEMENT INC1+ years Service code 49 · EIN 20-0490714 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $18,994 | $88,324-78.5% | $115,038-83.5% | $55,191-65.6% |
| Participation rate | 65.6% | 72.5%-6.9pp | 81.4%-15.7pp | 69.2%-3.5pp |
| Annual return | 4.38% | 6.30%-1.9pp | 26.14%-21.8pp | 10.78%-6.4pp |
| Employer contribution / active EE | $0 | $2,805-100.0% | $4,608-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $4,386 | $5,042-13.0% | $6,026-27.2% | $3,046+44.0% |
| Admin fee / account holder | $35 | $105-67.1% | $8,175-99.6% | $91-61.8% |