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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,727 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $15,337 | $89,367-82.8% | $141,191-89.1% | $72,975-79.0% |
| Participation rate | 88.8% | 75.1%+13.6pp | 82.5%+6.3pp | 69.5%+19.3pp |
| Annual return | 0.00% | 111.87%-111.9pp | 71.41%-71.4pp | 81.01%-81.0pp |
| Employer contribution / active EE | $1,605 | $3,115-48.5% | $4,736-66.1% | $2,440-34.2% |
| Participant deferral / active EE | $2,596 | $5,419-52.1% | $6,710-61.3% | $3,608-28.0% |
| Admin fee / account holder | $29 | $5,957-99.5% | $10,264-99.7% | $5,124-99.4% |