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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $45,618 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,416 | $36,943-39.3% | $52,425-57.2% | $103,975-78.4% |
| Participation rate | 20.3% | 27.5%-7.2pp | 55.6%-35.3pp | 72.5%-52.2pp |
| Annual return | 14.08% | 17.59%-3.5pp | 302.12%-288.0pp | 19.41%-5.3pp |
| Employer contribution / active EE | $283 | $884-68.0% | $914-69.1% | $3,722-92.4% |
| Participant deferral / active EE | $509 | $1,347-62.2% | $1,790-71.6% | $5,343-90.5% |
| Admin fee / account holder | $163 | $508-67.9% | $2,495-93.5% | $332-51.0% |