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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $27,614 |
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 | $41,996 | $69,305-39.4% | $82,313-49.0% | $69,631-39.7% |
| Participation rate | 87.3% | 80.3%+7.0pp | 76.9%+10.4pp | 70.7%+16.6pp |
| Annual return | 16.48% | 21.47%-5.0pp | 25.88%-9.4pp | 27571.02%-27554.5pp |
| Employer contribution / active EE | $890 | $1,887-52.8% | $2,428-63.3% | $2,032-56.2% |
| Participant deferral / active EE | $2,918 | $3,568-18.2% | $3,706-21.3% | $3,224-9.5% |
| Admin fee / account holder | $92 | $97-5.6% | $5,608-98.4% | $110-16.9% |