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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Filed as: PRINCIPAL LIFE INSURANCE Service code 13 · EIN 42-0127290 | Contract Administrator | $40,659 |
THE MANDMARBLESTONE GROUP LLC3+ years Service code 13 · EIN 20-4780677 | Contract Administrator | $10,558 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $127,130 | $86,341+47.2% | $125,192+1.5% | $65,185+95.0% |
| Participation rate | 91.3% | 75.3%+16.0pp | 79.8%+11.5pp | 70.2%+21.1pp |
| Annual return | 21.88% | 27.44%-5.6pp | 43.79%-21.9pp | 29.38%-7.5pp |
| Employer contribution / active EE | $1,962 | $2,040-3.8% | $3,866-49.3% | $2,177-9.9% |
| Participant deferral / active EE | $6,883 | $3,538+94.5% | $4,937+39.4% | $3,514+95.9% |
| Admin fee / account holder | $339 | $609-44.3% | $9,704-96.5% | $847-60.0% |