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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,313 |
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $68,889 | $52,884+30.3% | $84,753-18.7% | $55,167+24.9% |
| Participation rate | 78.2% | 67.5%+10.7pp | 76.6%+1.6pp | 69.0%+9.2pp |
| Annual return | 7.33% | 18.03%-10.7pp | 22.78%-15.5pp | 169.23%-161.9pp |
| Employer contribution / active EE | $1,241 | $2,233-44.4% | $3,574-65.3% | $1,963-36.8% |
| Participant deferral / active EE | $2,659 | $2,644+0.6% | $3,712-28.4% | $3,054-12.9% |
| Admin fee / account holder | $32 | $581-94.6% | $5,333-99.4% | $504-93.7% |