Filed April 27, 2023
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 COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,801 |
Filed as: RESOURCES INVESTMENT ADVISORS Service code 27 · EIN 43-1451524 | Advisory (Plan) | $5,153 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $15,676 | $61,172-74.4% | $185,851-91.6% | $79,389-80.3% |
| Participation rate | 38.3% | 66.6%-28.3pp | 81.7%-43.4pp | 70.7%-32.4pp |
| Annual return | 10.55% | 19.45%-8.9pp | 122.11%-111.6pp | 116.89%-106.3pp |
| Employer contribution / active EE | $785 | $2,321-66.2% | $5,168-84.8% | $2,428-67.7% |
| Participant deferral / active EE | $1,160 | $2,788-58.4% | $5,569-79.2% | $4,046-71.3% |
| Admin fee / account holder | $189 | $710-73.4% | $16,245-98.8% | $626-69.9% |