Filed March 6, 2023 (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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,234 |
Filed as: MORGAN STANLEY Service code 49 · EIN 26-4310632 | Other Services | $4,633 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $12,971 | $36,002-64.0% | $161,489-92.0% | $64,728-80.0% |
| Participation rate | 55.2% | 57.4%-2.2pp | 78.7%-23.5pp | 57.9%-2.7pp |
| Annual return | 12.29% | 33.93%-21.6pp | 89.72%-77.4pp | 49.38%-37.1pp |
| Employer contribution / active EE | $0 | $1,380-100.0% | $4,268-100.0% | $2,243-100.0% |
| Participant deferral / active EE | $634 | $1,815-65.1% | $5,630-88.7% | $2,729-76.8% |
| Admin fee / account holder | $118 | $931-87.4% | $16,006-99.3% | $1,145-89.7% |