Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $94,119,552 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,939 | $107,415-73.1% | $135,974-78.7% | $80,157-63.9% |
| Participation rate | 42.7% | 78.0%-35.3pp | 81.9%-39.2pp | 72.9%-30.2pp |
| Annual return | 44.66% | 91.99%-47.3pp | 68.30%-23.6pp | 40.39%+4.3pp |
| Employer contribution / active EE | $1,835 | $3,878-52.7% | $4,859-62.2% | $2,977-38.4% |
| Participant deferral / active EE | $3,295 | $8,189-59.8% | $7,760-57.5% | $5,015-34.3% |
| Admin fee / account holder | $64 | $127-49.9% | $10,767-99.4% | $145-56.1% |