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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,043 |
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 | $31,850 | $88,324-63.9% | $115,038-72.3% | $55,191-42.3% |
| Participation rate | 84.9% | 72.5%+12.4pp | 81.4%+3.6pp | 69.2%+15.8pp |
| Annual return | 12.79% | 6.30%+6.5pp | 26.14%-13.4pp | 10.78%+2.0pp |
| Employer contribution / active EE | $1,980 | $2,805-29.4% | $4,608-57.0% | $1,899+4.3% |
| Participant deferral / active EE | $5,427 | $5,042+7.6% | $6,026-9.9% | $3,046+78.1% |
| Admin fee / account holder | $93 | $105-11.8% | $8,175-98.9% | $91+2.4% |