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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $949 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $127,372 | $100,003+27.4% | $146,685-13.2% | $85,856+48.4% |
| Participation rate | 48.7% | 73.1%-24.4pp | 80.1%-31.4pp | 69.3%-20.6pp |
| Annual return | 32.62% | 18.93%+13.7pp | 22.75%+9.9pp | 318.58%-286.0pp |
| Employer contribution / active EE | $0 | $2,559-100.0% | $4,137-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $2,636 | $4,006-34.2% | $5,507-52.1% | $3,952-33.3% |
| Admin fee / account holder | $19 | $7,704-99.8% | $10,281-99.8% | $6,261-99.7% |