Filed January 2, 2020
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 COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $150,355 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,333 | $76,209-65.4% | $81,370-67.6% | $200,096-86.8% |
| Participation rate | 98.0% | 76.4%+21.7pp | 69.5%+28.5pp | 72.0%+26.0pp |
| Annual return | 13.93% | 15.55%-1.6pp | 24.85%-10.9pp | 34.26%-20.3pp |
| Employer contribution / active EE | $1,609 | $2,807-42.7% | $2,464-34.7% | $3,038-47.0% |
| Participant deferral / active EE | $3,163 | $4,210-24.9% | $3,885-18.6% | $5,090-37.9% |
| Admin fee / account holder | $92 | $146-36.9% | $5,749-98.4% | $269-65.8% |