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 COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $47,601 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $14,172 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $109,838 | $163,671-32.9% | $155,534-29.4% | - |
| Participation rate | 47.4% | 63.4%-16.0pp | 78.2%-30.8pp | - |
| Annual return | 15.10% | 19.35%-4.2pp | 64.92%-49.8pp | - |
| Employer contribution / active EE | $927 | $2,499-62.9% | $4,675-80.2% | - |
| Participant deferral / active EE | $3,236 | $2,935+10.3% | $5,630-42.5% | - |
| Admin fee / account holder | $331 | $97,433-99.7% | $15,900-97.9% | - |