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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $24,781 |
MONET GROUP INVESTMENT1 year Service code 27 · EIN 20-1903821 | Advisory (Plan) | $20,647 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,863 | $51,466+49.3% | $78,778-2.4% | $62,293+23.4% |
| Participation rate | 88.1% | 59.8%+28.3pp | 69.2%+18.9pp | 69.5%+18.6pp |
| Annual return | 17.73% | 19.96%-2.2pp | 35.62%-17.9pp | 28.90%-11.2pp |
| Employer contribution / active EE | $621 | $827-24.9% | $1,986-68.7% | $2,042-69.6% |
| Participant deferral / active EE | $2,811 | $2,147+30.9% | $2,958-5.0% | $3,169-11.3% |
| Admin fee / account holder | $339 | $489-30.7% | $5,134-93.4% | $479-29.3% |