Filed December 28, 2020 (most recent of 9 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $94,282 |
Service code 27 · EIN 47-5476782 | Advisory (Plan) | $82,500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $94,469 | $44,989+110.0% | $170,435-44.6% | $77,958+21.2% |
| Participation rate | 61.2% | 64.6%-3.4pp | 83.6%-22.4pp | 71.6%-10.5pp |
| Annual return | 14.93% | 19.61%-4.7pp | 205.94%-191.0pp | 20.87%-5.9pp |
| Employer contribution / active EE | $1,825 | $1,466+24.4% | $5,432-66.4% | $2,310-21.0% |
| Participant deferral / active EE | $4,174 | $2,208+89.1% | $4,939-15.5% | $3,537+18.0% |
| Admin fee / account holder | $113 | $69+63.7% | $13,881-99.2% | $97+15.9% |