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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,029 |
HUNTINGTON NATIONAL BANK2+ years Filed as: THE HUNTINGTON INVESTMENT CO Service code 49 · EIN 31-1316299 | Other Services | $8,693 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $28,719 | $76,551-62.5% | $123,894-76.8% | $62,881-54.3% |
| Participation rate | 74.7% | 73.0%+1.7pp | 81.4%-6.7pp | 69.3%+5.4pp |
| Annual return | 6.82% | 18.68%-11.9pp | 47.52%-40.7pp | 20.14%-13.3pp |
| Employer contribution / active EE | $0 | $2,882-100.0% | $4,617-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,799 | $4,840-62.8% | $5,984-69.9% | $3,203-43.8% |
| Admin fee / account holder | $132 | $4,826-97.3% | $8,357-98.4% | $4,296-96.9% |