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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $98,130 |
Filed as: MORGAN STANLEY & CO. INCORPORATED Service code 27 · EIN 26-4310632 | Advisory (Plan) | $47,886 |
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 | $162,709 | $65,437+148.7% | $86,698+87.7% | $66,949+143.0% |
| Participation rate | 99.2% | 75.5%+23.7pp | 76.6%+22.6pp | 69.8%+29.3pp |
| Annual return | -12.09% | -10.91%-1.2pp | 35.96%-48.1pp | 1.57%-13.7pp |
| Employer contribution / active EE | $7,967 | $2,154+269.9% | $2,837+180.8% | $2,545+213.0% |
| Participant deferral / active EE | $6,735 | $4,102+64.2% | $4,656+44.6% | $4,239+58.9% |
| Admin fee / account holder | $672 | $642+4.7% | $7,492-91.0% | $594+13.2% |