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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $65,398 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $59,086 |
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 | $161,354 | $93,182+73.2% | $146,685+10.0% | $79,393+103.2% |
| Participation rate | 100.0% | 76.4%+23.6pp | 80.1%+19.9pp | 70.7%+29.3pp |
| Annual return | 14.36% | 21.61%-7.2pp | 22.75%-8.4pp | 116.87%-102.5pp |
| Employer contribution / active EE | $6,453 | $2,420+166.7% | $4,137+56.0% | $2,428+165.8% |
| Participant deferral / active EE | $7,141 | $4,169+71.3% | $5,507+29.7% | $4,046+76.5% |
| Admin fee / account holder | $571 | $585-2.4% | $10,281-94.4% | $627-8.9% |