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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,428 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,495 | $57,096-62.4% | $94,229-77.2% | $55,191-61.1% |
| Participation rate | 92.4% | 75.7%+16.7pp | 78.8%+13.6pp | 69.2%+23.2pp |
| Annual return | 0.27% | 159.65%-159.4pp | 10.68%-10.4pp | 10.78%-10.5pp |
| Employer contribution / active EE | $880 | $1,708-48.5% | $3,587-75.5% | $1,899-53.7% |
| Participant deferral / active EE | $2,420 | $3,165-23.6% | $4,320-44.0% | $3,046-20.6% |
| Admin fee / account holder | $95 | $89+6.9% | $6,269-98.5% | $91+5.1% |