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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $145,978 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $78,862 |
Filed as: SCHNEIDER DOWNS & CO, IN Service code 10 · EIN 25-1408703 | Accounting | $17,384 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $139,477 | $82,979+68.1% | $102,383+36.2% | $77,714+79.5% |
| Participation rate | 99.7% | 71.5%+28.2pp | 74.5%+25.2pp | 70.6%+29.2pp |
| Annual return | 13.51% | 19.11%-5.6pp | 24.94%-11.4pp | 31.26%-17.7pp |
| Employer contribution / active EE | $6,280 | $3,554+76.7% | $3,870+62.3% | $2,727+130.3% |
| Participant deferral / active EE | $7,651 | $4,109+86.2% | $5,060+51.2% | $4,649+64.6% |
| Admin fee / account holder | $329 | $639-48.5% | $8,391-96.1% | $433-24.1% |