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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,865 |
Filed as: PRINCIPAL SECURITIES INC Service code 27 · EIN 42-0941553 | Advisory (Plan) | $15,000 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $99,940 | $66,319+50.7% | $93,621+6.7% | $65,185+53.3% |
| Participation rate | 96.3% | 74.0%+22.3pp | 75.8%+20.5pp | 70.2%+26.1pp |
| Annual return | 33.23% | 42.59%-9.4pp | 32.76%+0.5pp | 29.38%+3.8pp |
| Employer contribution / active EE | $822 | $2,013-59.1% | $2,719-69.8% | $2,177-62.2% |
| Participant deferral / active EE | $5,552 | $3,343+66.1% | $4,070+36.4% | $3,514+58.0% |
| Admin fee / account holder | $79 | $6,900-98.9% | $7,890-99.0% | $847-90.6% |