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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $230,087 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $95,028 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,065 | $241,850-83.4% | $102,412-60.9% | $199,960-80.0% |
| Participation rate | 46.2% | 78.3%-32.2pp | 74.5%-28.3pp | 72.0%-25.8pp |
| Annual return | 30.13% | 17.67%+12.5pp | 24.94%+5.2pp | 34.28%-4.2pp |
| Employer contribution / active EE | $1,403 | $4,253-67.0% | $3,870-63.8% | $3,036-53.8% |
| Participant deferral / active EE | $2,426 | $3,961-38.8% | $5,060-52.1% | $5,087-52.3% |
| Admin fee / account holder | $246 | $288-14.6% | $8,388-97.1% | $269-8.6% |