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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $51,386 |
GLOBAL RETIREMENT PARTNERS LLC7+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $23,320 |
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 | $74,691 | $93,182-19.8% | $146,647-49.1% | $79,389-5.9% |
| Participation rate | 91.3% | 76.4%+14.9pp | 80.1%+11.3pp | 70.7%+20.6pp |
| Annual return | 14.62% | 21.61%-7.0pp | 22.75%-8.1pp | 116.89%-102.3pp |
| Employer contribution / active EE | $1,186 | $2,420-51.0% | $4,137-71.3% | $2,428-51.2% |
| Participant deferral / active EE | $3,408 | $4,169-18.3% | $5,506-38.1% | $4,046-15.8% |
| Admin fee / account holder | $357 | $585-39.0% | $10,281-96.5% | $626-43.0% |