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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $94,527 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $57,990 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,842 | $84,499+26.4% | $125,391-14.8% | $66,949+59.6% |
| Participation rate | 99.3% | 76.4%+22.9pp | 82.4%+17.0pp | 69.8%+29.5pp |
| Annual return | -2.20% | -8.49%+6.3pp | 572.41%-574.6pp | 1.57%-3.8pp |
| Employer contribution / active EE | $2,409 | $3,554-32.2% | $4,816-50.0% | $2,545-5.4% |
| Participant deferral / active EE | $8,212 | $6,785+21.0% | $7,448+10.3% | $4,239+93.7% |
| Admin fee / account holder | $420 | $685-38.7% | $10,009-95.8% | $594-29.2% |