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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $57,962 |
GLOBAL RETIREMENT PARTNERS LLC11+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $28,186 |
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 | $91,742 | $91,7600% | $156,181-41.3% | $67,986+34.9% |
| Participation rate | 88.9% | 65.0%+23.9pp | 78.8%+10.1pp | 57.2%+31.7pp |
| Annual return | 15.89% | 18.14%-2.2pp | 64.87%-49.0pp | 31.67%-15.8pp |
| Employer contribution / active EE | $1,661 | $2,419-31.4% | $4,294-61.3% | $2,019-17.7% |
| Participant deferral / active EE | $4,704 | $3,960+18.8% | $6,132-23.3% | $3,358+40.1% |
| Admin fee / account holder | $426 | $3,949-89.2% | $14,586-97.1% | $3,203-86.7% |