Filed March 21, 2025
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $208 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,838 | $34,634-88.9% | $77,100-95.0% | $64,824-94.1% |
| Participation rate | 1.7% | 49.8%-48.1pp | 67.9%-66.2pp | 71.5%-69.8pp |
| Annual return | -17.63% | -5.31%-12.3pp | 42.35%-60.0pp | 32.84%-50.5pp |
| Employer contribution / active EE | $0 | $1,385-100.0% | $2,815-100.0% | $2,507-100.0% |
| Participant deferral / active EE | $53 | $2,553-97.9% | $4,430-98.8% | $4,311-98.8% |
| Admin fee / account holder | $35 | $178-80.6% | $5,443-99.4% | $188-81.5% |