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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $120,040 |
Service code 49 · EIN 93-0987232 | Other Services | $31,110 |
ASSOCIATED PENSION CONSULTANTS7+ years Service code 13 · EIN 11-3271022 | Contract Administrator | $7,961 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $104,040 | $86,225+20.7% | $146,643-29.1% | $86,821+19.8% |
| Participation rate | 98.3% | 78.0%+20.3pp | 80.1%+18.2pp | 72.3%+26.0pp |
| Annual return | 15.27% | 31.23%-16.0pp | 22.75%-7.5pp | 97.94%-82.7pp |
| Employer contribution / active EE | $2,414 | $2,392+0.9% | $4,137-41.7% | $2,406+0.3% |
| Participant deferral / active EE | $5,675 | $4,245+33.7% | $5,506+3.1% | $4,132+37.4% |
| Admin fee / account holder | $314 | $195+60.8% | $10,280-96.9% | $170+85.2% |