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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $70,003 |
AMERICAN FUNDS9+ years Filed as: NEWPORT CAPITAL GROUP Service code 27 · EIN 86-1109193 | Advisory (Plan) | $45,753 |
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 | $127,382 | $54,729+132.7% | $86,235+47.7% | $71,529+78.1% |
| Participation rate | 83.9% | 60.1%+23.8pp | 69.0%+14.9pp | 67.9%+16.0pp |
| Annual return | 11.79% | 20.07%-8.3pp | 1170.03%-1158.2pp | 28.97%-17.2pp |
| Employer contribution / active EE | $2,472 | $1,267+95.1% | $2,381+3.8% | $2,590-4.5% |
| Participant deferral / active EE | $5,111 | $3,110+64.3% | $3,987+28.2% | $4,291+19.1% |
| Admin fee / account holder | $450 | $1,921-76.6% | $6,856-93.4% | $1,588-71.7% |