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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $67,271 |
AMERICAN FUNDS10+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $48,553 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $147,124 | $59,402+147.7% | $93,654+57.1% | $74,546+97.4% |
| Participation rate | 90.8% | 59.7%+31.1pp | 68.7%+22.1pp | 67.2%+23.6pp |
| Annual return | 10.48% | 81.86%-71.4pp | 133.34%-122.9pp | 1366.03%-1355.6pp |
| Employer contribution / active EE | $2,637 | $1,265+108.5% | $2,421+8.9% | $2,624+0.5% |
| Participant deferral / active EE | $5,731 | $3,049+88.0% | $4,413+29.9% | $4,347+31.8% |
| Admin fee / account holder | $432 | $3,023-85.7% | $8,282-94.8% | $1,944-77.8% |