Filed April 2, 2019 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,853 |
THE BENEFIT PRACTICE5+ years Service code 13 · EIN 13-4144565 | Contract Administrator | $4,343 |
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).
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,864 | $138,078-91.4% | $125,363-90.5% | $134,509-91.2% |
| Participation rate | 86.7% | 84.5%+2.2pp | 82.4%+4.3pp | 81.2%+5.4pp |
| Annual return | -18.36% | 750.49%-768.9pp | 572.15%-590.5pp | 418.13%-436.5pp |
| Employer contribution / active EE | $2,860 | $5,245-45.5% | $4,815-40.6% | $4,741-39.7% |
| Participant deferral / active EE | $17,119 | $7,800+119.5% | $7,447+129.9% | $6,400+167.5% |
| Admin fee / account holder | $206 | $11,566-98.2% | $10,005-97.9% | $11,427-98.2% |