Filed January 12, 2021 (most recent of 3 filings on file)
Total covered: 2,125 employees
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,637,136 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,735 | $68,062-24.0% | $185,854-72.2% | $106,520-51.4% |
| Participation rate | 73.6% | 75.2%-1.6pp | 81.7%-8.1pp | 71.3%+2.3pp |
| Annual return | 17.91% | 18.20%-0.3pp | 122.12%-104.2pp | 19.28%-1.4pp |
| Employer contribution / active EE | $671 | $1,997-66.4% | $5,169-87.0% | $2,840-76.4% |
| Participant deferral / active EE | $3,627 | $3,990-9.1% | $5,569-34.9% | $4,948-26.7% |
| Admin fee / account holder | $60 | $53+13.4% | $16,246-99.6% | $75-19.8% |