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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $95,018 |
401(K) ADVISORS INC4 years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $67,835 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $115,109 | $62,132+85.3% | $185,835-38.1% | $73,493+56.6% |
| Participation rate | 99.5% | 67.8%+31.6pp | 78.0%+21.4pp | 70.7%+28.8pp |
| Annual return | 15.68% | 20.44%-4.8pp | 35.96%-20.3pp | 28.51%-12.8pp |
| Employer contribution / active EE | $3,501 | $1,681+108.2% | $4,087-14.3% | $2,270+54.2% |
| Participant deferral / active EE | $11,116 | $3,711+199.5% | $5,633+97.3% | $3,740+197.2% |
| Admin fee / account holder | $386 | $419-7.8% | $9,502-95.9% | $513-24.7% |