Filed October 11, 2017
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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 | $21,855 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $17,635 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,498 | $29,525-17.0% | $56,033-56.3% | $77,736-68.5% |
| Participation rate | 49.6% | 32.7%+17.0pp | 52.5%-2.9pp | 70.6%-20.9pp |
| Annual return | 19.09% | 18.90%+0.2pp | 1711.38%-1692.3pp | 31.26%-12.2pp |
| Employer contribution / active EE | $577 | $569+1.4% | $1,041-44.5% | $2,728-78.8% |
| Participant deferral / active EE | $2,058 | $1,062+93.9% | $1,954+5.3% | $4,651-55.7% |
| Admin fee / account holder | $122 | $1,040-88.3% | $2,827-95.7% | $433-71.8% |