Filed August 26, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-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 | $29 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $899 | $47,922-98.1% | $75,900-98.8% | $65,186-98.6% |
| Participation rate | 10.9% | 63.0%-52.0pp | 69.3%-58.3pp | 70.2%-59.3pp |
| Annual return | 0.00% | 24.12%-24.1pp | 30.73%-30.7pp | 29.39%-29.4pp |
| Employer contribution / active EE | $0 | $1,557-100.0% | $2,501-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $97 | $2,550-96.2% | $3,604-97.3% | $3,514-97.2% |
| Admin fee / account holder | $2 | $532-99.6% | $5,421-100.0% | $847-99.8% |