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 COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,332 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $14,613 | $56,894-74.3% | $84,753-82.8% | $62,881-76.8% |
| Participation rate | 28.1% | 68.5%-40.4pp | 76.6%-48.5pp | 69.3%-41.2pp |
| Annual return | 4.63% | 6.30%-1.7pp | 22.78%-18.2pp | 20.14%-15.5pp |
| Employer contribution / active EE | $430 | $2,400-82.1% | $3,574-88.0% | $2,281-81.1% |
| Participant deferral / active EE | $1,155 | $2,709-57.4% | $3,712-68.9% | $3,203-64.0% |
| Admin fee / account holder | $135 | $3,581-96.2% | $5,333-97.5% | $4,296-96.8% |