Filed November 2, 2023 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $42,975 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $29,613 | $37,196-20.4% | $154,108-80.8% | $55,725-46.9% |
| Participation rate | 94.7% | 64.1%+30.6pp | 83.0%+11.6pp | 70.9%+23.8pp |
| Annual return | -5.45% | 1319.68%-1325.1pp | 735.21%-740.7pp | 244.93%-250.4pp |
| Employer contribution / active EE | $0 | $1,614-100.0% | $5,298-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $4,168 | $2,068+101.5% | $5,081-18.0% | $3,356+24.2% |
| Admin fee / account holder | $58 | $102-43.2% | $13,411-99.6% | $115-49.9% |