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 COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $665 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,556 | $63,314-73.9% | $91,004-81.8% | $62,293-73.4% |
| Participation rate | 42.7% | 73.3%-30.6pp | 75.6%-32.9pp | 69.5%-26.8pp |
| Annual return | 22.18% | 21.00%+1.2pp | 4.60%+17.6pp | 28.90%-6.7pp |
| Employer contribution / active EE | $884 | $1,807-51.1% | $2,456-64.0% | $2,042-56.7% |
| Participant deferral / active EE | $1,825 | $2,944-38.0% | $3,548-48.6% | $3,169-42.4% |
| Admin fee / account holder | $11 | $468-97.6% | $5,417-99.8% | $479-97.6% |