Filed September 2, 2021 (most recent of 5 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL GLOBAL INVESTORS Service code 27 · EIN 42-1238567 | Advisory (Plan) | $5,677,924 |
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,742,531 |
STATE STREET GLOBAL ADVISORS4 years Filed as: STATE STREET Service code 16 · EIN 04-1867445 | Consulting | $235,472 |
IDC4 years Service code 49 · EIN 13-3668779 | Other Services | $76,768 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $894,319,009-100.0% | $568,132-100.0% | $894,319,009-100.0% |
| Participation rate | 0.0% | 0.0%0pp | 21.0%-21.0pp | 0.0%0pp |
| Annual return | 34.82% | 18.43%+16.4pp | 14.64%+20.2pp | 24.48%+10.3pp |
| Employer contribution / active EE | $2,710 | $6,699-59.5% | $41,831-93.5% | $9,418-71.2% |
| Participant deferral / active EE | $0 | $0 | $200-100.0% | $501-100.0% |
| Admin fee / account holder | $0 | $2,968,729-100.0% | $36,942-100.0% | $2,968,729-100.0% |