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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $89,767 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $80,279 |
CHARLES SCHWAB & CO., INC.5 years Filed as: REA & ASSOCIATES INC Service code 10 · EIN 34-1310124 | Accounting | $12,480 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $108,853 | $91,517+18.9% | $101,275+7.5% | $73,412+48.3% |
| Participation rate | 99.8% | 73.8%+26.0pp | 75.8%+24.0pp | 72.2%+27.6pp |
| Annual return | 15.83% | 17.17%-1.3pp | 46.48%-30.6pp | 59.30%-43.5pp |
| Employer contribution / active EE | $2,403 | $2,877-16.5% | $3,660-34.3% | $2,234+7.6% |
| Participant deferral / active EE | $5,891 | $3,338+76.5% | $4,371+34.8% | $3,806+54.8% |
| Admin fee / account holder | $311 | $216+44.2% | $5,948-94.8% | $158+97.2% |