Filed November 22, 2017
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,412 |
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 | $75,742 | $70,002+8.2% | $115,038-34.2% | $52,331+44.7% |
| Participation rate | 79.5% | 72.1%+7.4pp | 81.4%-1.9pp | 68.1%+11.4pp |
| Annual return | 31.03% | 4.04%+27.0pp | 26.14%+4.9pp | 4.54%+26.5pp |
| Employer contribution / active EE | $3,080 | $2,715+13.4% | $4,608-33.2% | $1,882+63.7% |
| Participant deferral / active EE | $9,468 | $4,920+92.4% | $6,026+57.1% | $3,022+213.3% |
| Admin fee / account holder | $21 | $566-96.3% | $8,175-99.7% | $592-96.4% |