Filed December 28, 2020 (most recent of 9 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $156,855 |
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 | $88,507 | $45,382+95.0% | $154,111-42.6% | $75,289+17.6% |
| Participation rate | 62.5% | 65.9%-3.4pp | 83.0%-20.5pp | 72.4%-9.9pp |
| Annual return | -4.09% | -0.47%-3.6pp | 735.18%-739.3pp | -0.04%-4.0pp |
| Employer contribution / active EE | $1,967 | $1,533+28.3% | $5,298-62.9% | $2,405-18.2% |
| Participant deferral / active EE | $4,457 | $2,384+87.0% | $5,081-12.3% | $3,739+19.2% |
| Admin fee / account holder | $177 | $89+97.8% | $13,411-98.7% | $102+72.7% |