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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $52,299 |
PACIFIC PREMIER BANK1 year Service code 49 · EIN 95-3811107 | Other Services | $60 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,760 | $86,897+37.8% | $151,645-21.0% | $64,824+84.7% |
| Participation rate | 68.2% | 87.3%-19.1pp | 87.5%-19.3pp | 71.5%-3.3pp |
| Annual return | -16.81% | -3.57%-13.2pp | 3.34%-20.2pp | 32.84%-49.7pp |
| Employer contribution / active EE | $2,379 | $4,010-40.7% | $6,165-61.4% | $2,507-5.1% |
| Participant deferral / active EE | $4,863 | $6,690-27.3% | $8,363-41.8% | $4,311+12.8% |
| Admin fee / account holder | $114 | $153-25.2% | $11,614-99.0% | $188-39.1% |