Filed October 18, 2004 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $364,525 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $45,795 | $96,381-52.5% | $140,019-67.3% | $73,367-37.6% |
| Participation rate | 85.5% | 90.1%-4.6pp | 87.5%-2.0pp | 69.5%+16.0pp |
| Annual return | 9.58% | -4.30%+13.9pp | 651.19%-641.6pp | 173.45%-163.9pp |
| Employer contribution / active EE | $2,487 | $4,168-40.3% | $5,605-55.6% | $2,499-0.5% |
| Participant deferral / active EE | $0 | $6,186-100.0% | $6,927-100.0% | $4,033-100.0% |
| Admin fee / account holder | $37 | $100-62.9% | $10,705-99.7% | $68-45.8% |