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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,693 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $24,018 | $32,425-25.9% | $74,577-67.8% | $55,167-56.5% |
| Participation rate | 17.9% | 54.0%-36.1pp | 68.1%-50.2pp | 69.0%-51.1pp |
| Annual return | 5.62% | 10.63%-5.0pp | 20.47%-14.8pp | 169.23%-163.6pp |
| Employer contribution / active EE | $293 | $1,043-71.9% | $2,525-88.4% | $1,963-85.1% |
| Participant deferral / active EE | $405 | $1,995-79.7% | $3,458-88.3% | $3,054-86.7% |
| Admin fee / account holder | $142 | $748-81.0% | $4,138-96.6% | $504-71.8% |