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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $59,108 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $53,668 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $133,306 | $81,494+63.6% | $133,978-0.5% | $73,497+81.4% |
| Participation rate | 100.0% | 76.4%+23.6pp | 79.8%+20.2pp | 70.7%+29.3pp |
| Annual return | 15.39% | 19.40%-4.0pp | 45.10%-29.7pp | 28.51%-13.1pp |
| Employer contribution / active EE | $2,505 | $2,210+13.4% | $3,919-36.1% | $2,270+10.3% |
| Participant deferral / active EE | $6,397 | $3,787+68.9% | $5,047+26.7% | $3,740+71.0% |
| Admin fee / account holder | $499 | $713-30.1% | $8,930-94.4% | $513-2.8% |