Filed November 22, 2017
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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $58,339 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $33,059 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $78,752 | $84,499-6.8% | $125,391-37.2% | $66,949+17.6% |
| Participation rate | 63.2% | 76.4%-13.3pp | 82.4%-19.2pp | 69.8%-6.7pp |
| Annual return | -14.34% | -8.49%-5.9pp | 572.41%-586.8pp | 1.57%-15.9pp |
| Employer contribution / active EE | $2,149 | $3,554-39.5% | $4,816-55.4% | $2,545-15.6% |
| Participant deferral / active EE | $6,596 | $6,785-2.8% | $7,448-11.4% | $4,239+55.6% |
| Admin fee / account holder | $314 | $685-54.2% | $10,009-96.9% | $594-47.1% |