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 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,299 | $46,464-15.4% | $150,298-73.9% | $79,634-50.7% |
| Participation rate | 96.2% | 57.0%+39.2pp | 77.8%+18.4pp | 62.5%+33.7pp |
| Annual return | 10.98% | 27.89%-16.9pp | 62.79%-51.8pp | 36.46%-25.5pp |
| Employer contribution / active EE | $2,678 | $1,512+77.2% | $4,154-35.5% | $2,529+5.9% |
| Participant deferral / active EE | $4,455 | $2,157+106.6% | $5,453-18.3% | $3,835+16.2% |
| Admin fee / account holder | $192 | $891-78.4% | $14,116-98.6% | $1,002-80.8% |