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) | $5,498,781 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,015,839 |
STATE STREET GLOBAL ADVISORS5 years Filed as: STATE STREET Service code 16 · EIN 04-1867445 | Consulting | $218,197 |
IDC5 years Service code 49 · EIN 13-3668779 | Other Services | $115,756 |
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 | $0 | $373,805-100.0% | - |
| Participation rate | 0.0% | 0.0%0pp | 19.3%-19.3pp | 0.0%0pp |
| Annual return | 28.99% | 17.85%+11.1pp | 9.52%+19.5pp | 13.80%+15.2pp |
| Employer contribution / active EE | $6,705 | $5,706+17.5% | $41,951-84.0% | $10,386-35.4% |
| Participant deferral / active EE | $0 | $0 | $18-100.0% | $448-100.0% |
| Admin fee / account holder | $0 | $0 | $1,512-100.0% | - |