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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,373 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $50,043 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $125,439 | $86,655+44.8% | $119,622+4.9% | $66,938+87.4% |
| Participation rate | 98.2% | 75.6%+22.7pp | 79.3%+19.0pp | 69.8%+28.4pp |
| Annual return | -18.29% | -8.00%-10.3pp | -14.98%-3.3pp | 1.58%-19.9pp |
| Employer contribution / active EE | $7,690 | $2,536+203.2% | $4,232+81.7% | $2,545+202.1% |
| Participant deferral / active EE | $8,305 | $4,358+90.6% | $5,601+48.3% | $4,238+95.9% |
| Admin fee / account holder | $427 | $755-43.4% | $10,328-95.9% | $594-28.0% |