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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $97,931 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $65,260 |
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.
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $183,794 | $101,539+81.0% | $147,041+25.0% | $74,400+147.0% |
| Participation rate | 95.7% | 75.5%+20.2pp | 82.2%+13.5pp | 67.2%+28.5pp |
| Annual return | 11.10% | 8740.84%-8729.7pp | 419.21%-408.1pp | 1367.51%-1356.4pp |
| Employer contribution / active EE | $3,528 | $3,811-7.4% | $4,935-28.5% | $2,624+34.4% |
| Participant deferral / active EE | $11,014 | $7,304+50.8% | $8,071+36.5% | $4,348+153.3% |
| Admin fee / account holder | $453 | $1,749-74.1% | $13,006-96.5% | $1,944-76.7% |