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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $53,789 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $49,275 |
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 | $145,788 | $83,045+75.6% | $130,045+12.1% | $71,511+103.9% |
| Participation rate | 98.8% | 74.1%+24.6pp | 78.5%+20.3pp | 67.9%+30.8pp |
| Annual return | 17.25% | 20.61%-3.4pp | -137.30%+154.6pp | 28.86%-11.6pp |
| Employer contribution / active EE | $8,329 | $2,623+217.5% | $4,321+92.7% | $2,589+221.7% |
| Participant deferral / active EE | $8,952 | $4,436+101.8% | $5,820+53.8% | $4,291+108.6% |
| Admin fee / account holder | $383 | $1,727-77.8% | $10,600-96.4% | $1,588-75.9% |