Filed August 29, 2019 (most recent of 4 filings on file)
Total covered: 29 employees
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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $27,719 |
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.
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 | $4,504 | $127,481-96.5% | $149,715-97.0% | $90,274-95.0% |
| Participation rate | 94.1% | 78.2%+15.8pp | 82.5%+11.6pp | 73.4%+20.7pp |
| Annual return | 53.86% | 57.78%-3.9pp | 276.66%-222.8pp | 53.97%-0.1pp |
| Employer contribution / active EE | $604 | $3,448-82.5% | $4,645-87.0% | $2,523-76.1% |
| Participant deferral / active EE | $1,215 | $6,975-82.6% | $6,842-82.2% | $4,231-71.3% |
| Admin fee / account holder | $18 | $152-88.0% | $9,310-99.8% | $114-84.0% |