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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $47,788 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $14,767 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,543 | $89,067-5.1% | $102,423-17.5% | $77,714+8.8% |
| Participation rate | 65.7% | 80.9%-15.3pp | 76.5%-10.8pp | 70.6%-4.9pp |
| Annual return | 12.94% | 25.01%-12.1pp | 29.42%-16.5pp | 31.26%-18.3pp |
| Employer contribution / active EE | $2,613 | $2,699-3.2% | $3,023-13.6% | $2,727-4.2% |
| Participant deferral / active EE | $2,963 | $5,147-42.4% | $5,054-41.4% | $4,649-36.3% |
| Admin fee / account holder | $184 | $236-22.2% | $9,455-98.1% | $433-57.6% |