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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $95,391 |
Filed as: MORGAN STANLEY GLOBAL BA Service code 27 · EIN 26-4310632 | Advisory (Plan) | $56,069 |
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 | $167,957 | $73,019+130.0% | $90,766+85.0% | $68,490+145.2% |
| Participation rate | 93.9% | 70.8%+23.0pp | 75.7%+18.2pp | 67.9%+26.0pp |
| Annual return | -13.10% | -13.81%+0.7pp | -12.16%-0.9pp | -7.85%-5.2pp |
| Employer contribution / active EE | $3,520 | $2,193+60.5% | $2,922+20.5% | $2,597+35.6% |
| Participant deferral / active EE | $8,937 | $3,626+146.5% | $4,565+95.8% | $4,028+121.9% |
| Admin fee / account holder | $735 | $5,897-87.5% | $8,446-91.3% | $5,403-86.4% |