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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $110,009 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $16,656 | $40,278-58.6% | $80,627-79.3% | $80,157-79.2% |
| Participation rate | 82.2% | 47.5%+34.6pp | 67.0%+15.2pp | 72.9%+9.2pp |
| Annual return | 28.39% | 50.86%-22.5pp | 936.76%-908.4pp | 40.39%-12.0pp |
| Employer contribution / active EE | $1,409 | $1,332+5.8% | $2,723-48.2% | $2,977-52.7% |
| Participant deferral / active EE | $3,509 | $2,696+30.2% | $4,443-21.0% | $5,015-30.0% |
| Admin fee / account holder | $114 | $210-45.8% | $5,381-97.9% | $145-21.4% |