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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $49,075 |
Service code 27 · EIN 20-5322603 | Advisory (Plan) | $18,177 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,740 | $72,639-34.3% | $90,766-47.4% | $66,949-28.7% |
| Participation rate | 73.1% | 73.7%-0.6pp | 75.7%-2.6pp | 69.8%+3.3pp |
| Annual return | -14.06% | -12.28%-1.8pp | -12.16%-1.9pp | 1.57%-15.6pp |
| Employer contribution / active EE | $346 | $2,369-85.4% | $2,922-88.2% | $2,545-86.4% |
| Participant deferral / active EE | $2,174 | $3,979-45.4% | $4,565-52.4% | $4,239-48.7% |
| Admin fee / account holder | $280 | $708-60.4% | $8,446-96.7% | $594-52.8% |