Filed October 9, 2024
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $25,468 |
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 | $46,790 | $55,790-16.1% | $76,667-39.0% | $67,582-30.8% |
| Participation rate | 98.8% | 71.1%+27.7pp | 72.1%+26.7pp | 71.3%+27.5pp |
| Annual return | 19.27% | 64.45%-45.2pp | 1166.74%-1147.5pp | 378.57%-359.3pp |
| Employer contribution / active EE | $801 | $1,810-55.8% | $2,303-65.2% | $2,148-62.7% |
| Participant deferral / active EE | $2,241 | $2,875-22.1% | $3,336-32.8% | $3,539-36.7% |
| Admin fee / account holder | $54 | $159-65.8% | $6,423-99.2% | $142-61.8% |