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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $85,772 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $56,197 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $56,814 | $77,197-26.4% | $86,615-34.4% | $93,010-38.9% |
| Participation rate | 94.3% | 78.2%+16.1pp | 71.6%+22.6pp | 73.9%+20.4pp |
| Annual return | 14.19% | 16.31%-2.1pp | 63.51%-49.3pp | 158.70%-144.5pp |
| Employer contribution / active EE | $3,428 | $2,514+36.3% | $2,496+37.4% | $2,705+26.7% |
| Participant deferral / active EE | $4,503 | $3,831+17.5% | $3,699+21.7% | $4,561-1.3% |
| Admin fee / account holder | $110 | $105+4.4% | $5,830-98.1% | $152-27.8% |