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 COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,669,678 |
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 | $42,926 | $83,057-48.3% | $143,801-70.1% | $89,433-52.0% |
| Participation rate | 72.4% | 74.0%-1.6pp | 80.3%-7.9pp | 71.3%+1.2pp |
| Annual return | -14.55% | -13.97%-0.6pp | -0.04%-14.5pp | -11.88%-2.7pp |
| Employer contribution / active EE | $677 | $2,095-67.7% | $4,952-86.3% | $3,021-77.6% |
| Participant deferral / active EE | $3,910 | $4,281-8.7% | $5,639-30.7% | $5,125-23.7% |
| Admin fee / account holder | $61 | $83-26.6% | $14,680-99.6% | $79-23.3% |