Filed October 9, 2024
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $33,850 |
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 | $39,447 | $48,261-18.3% | $68,612-42.5% | $55,725-29.2% |
| Participation rate | 99.8% | 71.0%+28.7pp | 72.2%+27.5pp | 70.9%+28.9pp |
| Annual return | -4.79% | -2.61%-2.2pp | -4.63%-0.2pp | 244.93%-249.7pp |
| Employer contribution / active EE | $816 | $1,742-53.1% | $2,625-68.9% | $2,078-60.7% |
| Participant deferral / active EE | $2,189 | $2,712-19.3% | $3,311-33.9% | $3,356-34.8% |
| Admin fee / account holder | $72 | $126-43.0% | $5,131-98.6% | $115-37.6% |