Filed December 13, 2016
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $86,333 |
Filed as: PRINCIPAL SECURITIES INC Service code 49 · EIN 42-0941553 | Other Services | $3,958 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $56,506 | $72,303-21.8% | $86,698-34.8% | $64,819-12.8% |
| Participation rate | 97.8% | 80.4%+17.4pp | 76.6%+21.2pp | 71.5%+26.4pp |
| Annual return | -16.62% | 392.77%-409.4pp | 35.95%-52.6pp | 32.84%-49.5pp |
| Employer contribution / active EE | $1,601 | $2,393-33.1% | $2,837-43.6% | $2,507-36.1% |
| Participant deferral / active EE | $5,301 | $4,660+13.8% | $4,656+13.9% | $4,311+23.0% |
| Admin fee / account holder | $175 | $174+0.4% | $7,493-97.7% | $188-7.0% |