Filed January 4, 2024 (most recent of 3 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 COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $354 |
THE VANGUARD GROUP, INC.1+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $120 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $31,785 | $26,805+18.6% | $59,496-46.6% | $52,331-39.3% |
| Participation rate | 33.8% | 39.3%-5.6pp | 54.6%-20.8pp | 68.1%-34.3pp |
| Annual return | -2.18% | 2.61%-4.8pp | 182.05%-184.2pp | 4.54%-6.7pp |
| Employer contribution / active EE | $677 | $450+50.4% | $1,153-41.3% | $1,882-64.0% |
| Participant deferral / active EE | $1,179 | $916+28.7% | $1,829-35.5% | $3,022-61.0% |
| Admin fee / account holder | $162 | $305-46.9% | $2,232-92.7% | $592-72.6% |