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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $218,372 |
USI CONSULTING GROUP5 years Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347 | Advisory (Plan) | $43,421 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,132 | $31,741+64.2% | $56,077-7.0% | $199,921-73.9% |
| Participation rate | 35.6% | 32.3%+3.2pp | 52.5%-16.9pp | 72.0%-36.4pp |
| Annual return | 13.39% | 14.72%-1.3pp | 1709.28%-1695.9pp | 34.28%-20.9pp |
| Employer contribution / active EE | $354 | $508-30.2% | $1,040-65.9% | $3,035-88.3% |
| Participant deferral / active EE | $1,324 | $1,184+11.8% | $1,954-32.2% | $5,089-74.0% |
| Admin fee / account holder | $134 | $426-68.6% | $2,825-95.3% | $269-50.3% |