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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $77,645 |
AMERICAN FUNDS8+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $50,510 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $122,367 | $49,471+147.4% | $79,583+53.8% | $66,949+82.8% |
| Participation rate | 92.8% | 61.4%+31.4pp | 69.5%+23.3pp | 69.8%+23.0pp |
| Annual return | -13.43% | 84.30%-97.7pp | 0.16%-13.6pp | 1.57%-15.0pp |
| Employer contribution / active EE | $2,615 | $1,266+106.6% | $2,414+8.4% | $2,545+2.8% |
| Participant deferral / active EE | $5,152 | $3,160+63.0% | $3,986+29.3% | $4,239+21.5% |
| Admin fee / account holder | $521 | $595-12.4% | $6,835-92.4% | $594-12.2% |