Filed October 28, 2020 (most recent of 4 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 10-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 | $298,063 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $74,096 | $95,776-22.6% | $162,185-54.3% | $77,775-4.7% |
| Participation rate | 93.7% | 88.6%+5.0pp | 87.6%+6.1pp | 73.2%+20.4pp |
| Annual return | 23.09% | 37.03%-13.9pp | 115.61%-92.5pp | 32.58%-9.5pp |
| Employer contribution / active EE | $1,939 | $3,874-50.0% | $5,613-65.5% | $2,504-22.6% |
| Participant deferral / active EE | $5,625 | $6,125-8.2% | $7,297-22.9% | $3,966+41.9% |
| Admin fee / account holder | $113 | $88+28.8% | $10,844-99.0% | $100+12.8% |