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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 | $59,448+147.5% | $93,696+57.0% | $74,459+97.6% |
| Participation rate | 90.8% | 59.6%+31.1pp | 68.7%+22.1pp | 67.2%+23.6pp |
| Annual return | 10.48% | 82.11%-71.6pp | 133.74%-123.3pp | 1369.70%-1359.2pp |
| Employer contribution / active EE | $2,637 | $1,266+108.3% | $2,422+8.9% | $2,626+0.4% |
| Participant deferral / active EE | $5,731 | $3,052+87.8% | $4,417+29.8% | $4,350+31.8% |
| Admin fee / account holder | $432 | $3,027-85.7% | $8,287-94.8% | $1,945-77.8% |