Filed February 23, 2021
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE COPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $105,331 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $36,335 |
DEFINITI LLC4 years Service code 13 · EIN 85-0833363 | Contract Administrator | $9,834 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,299 | $36,904+6.5% | $158,223-75.2% | $65,191-39.7% |
| Participation rate | 96.2% | 62.1%+34.1pp | 79.2%+17.0pp | 63.0%+33.2pp |
| Annual return | 10.98% | 24.43%-13.5pp | 52.09%-41.1pp | 51.24%-40.3pp |
| Employer contribution / active EE | $2,678 | $1,489+79.8% | $4,109-34.8% | $2,400+11.6% |
| Participant deferral / active EE | $4,455 | $1,936+130.1% | $5,467-18.5% | $2,671+66.8% |
| Admin fee / account holder | $192 | $793-75.8% | $16,047-98.8% | $907-78.8% |