Filed December 12, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 5-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $75,037 |
CAPFINANCIAL PARTNERS LLC4+ years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $31,061 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,972 | $47,163-28.0% | $149,696-77.3% | $74,460-54.4% |
| Participation rate | 28.7% | 63.4%-34.7pp | 78.8%-50.1pp | 70.7%-42.0pp |
| Annual return | 14.98% | 22.75%-7.8pp | 134.46%-119.5pp | 34.38%-19.4pp |
| Employer contribution / active EE | $356 | $1,907-81.3% | $4,821-92.6% | $2,638-86.5% |
| Participant deferral / active EE | $958 | $2,730-64.9% | $5,682-83.1% | $4,530-78.9% |
| Admin fee / account holder | $214 | $343-37.5% | $13,212-98.4% | $348-38.4% |