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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $172,321 |
Filed as: GALLAGHER FIDUCIARY ADVISORS Service code 27 · EIN 36-4291971 | Advisory (Plan) | $41,955 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,875 | $115,744-23.2% | $100,415-11.5% | $200,096-55.6% |
| Participation rate | 99.7% | 85.7%+14.0pp | 81.5%+18.2pp | 72.0%+27.7pp |
| Annual return | 16.74% | 17.79%-1.0pp | 49.47%-32.7pp | 34.26%-17.5pp |
| Employer contribution / active EE | $4,039 | $3,657+10.4% | $3,943+2.4% | $3,038+33.0% |
| Participant deferral / active EE | $10,942 | $9,844+11.2% | $8,091+35.2% | $5,090+115.0% |
| Admin fee / account holder | $96 | $93+3.3% | $7,906-98.8% | $269-64.4% |