Filed January 2, 2025 (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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $104,635 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,973 | $53,512+64.4% | $189,611-53.6% | $93,010-5.4% |
| Participation rate | 94.7% | 67.3%+27.5pp | 78.5%+16.3pp | 73.9%+20.8pp |
| Annual return | 17.32% | 20.32%-3.0pp | 64.20%-46.9pp | 158.70%-141.4pp |
| Employer contribution / active EE | $2,358 | $1,429+65.0% | $4,413-46.6% | $2,705-12.8% |
| Participant deferral / active EE | $5,774 | $3,748+54.0% | $6,174-6.5% | $4,561+26.6% |
| Admin fee / account holder | $30 | $95-69.0% | $9,808-99.7% | $152-80.5% |