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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $137,122 |
Service code 27 · EIN 20-8874282 | Advisory (Plan) | $40,081 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $46,037 | $110,699-58.4% | $177,840-74.1% | $90,274-49.0% |
| Participation rate | 94.3% | 88.3%+6.0pp | 87.7%+6.6pp | 73.4%+21.0pp |
| Annual return | 22.94% | 22.79%+0.2pp | 48.32%-25.4pp | 53.97%-31.0pp |
| Employer contribution / active EE | $1,919 | $4,118-53.4% | $5,919-67.6% | $2,523-24.0% |
| Participant deferral / active EE | $6,395 | $6,731-5.0% | $7,714-17.1% | $4,231+51.2% |
| Admin fee / account holder | $124 | $90+37.6% | $12,431-99.0% | $114+8.6% |