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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $214,101 |
SAGEVIEW ADVISORY GROUP, LLC2 years Service code 27 · EIN 33-0818667 | Advisory (Plan) | $65,753 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,009 | $110,258-60.1% | $102,460-57.0% | $200,096-78.0% |
| Participation rate | 95.5% | 86.3%+9.2pp | 76.5%+19.0pp | 72.0%+23.5pp |
| Annual return | 13.98% | 35.78%-21.8pp | 29.47%-15.5pp | 34.26%-20.3pp |
| Employer contribution / active EE | $1,245 | $3,605-65.5% | $3,025-58.9% | $3,038-59.0% |
| Participant deferral / active EE | $4,366 | $6,377-31.5% | $5,056-13.6% | $5,090-14.2% |
| Admin fee / account holder | $132 | $122+7.6% | $9,460-98.6% | $269-51.1% |