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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,926 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $77,017 | $58,726+31.1% | $92,240-16.5% | $62,293+23.6% |
| Participation rate | 68.0% | 68.3%-0.4pp | 76.5%-8.5pp | 69.5%-1.6pp |
| Annual return | 14.33% | 43.62%-29.3pp | 176.29%-162.0pp | 28.90%-14.6pp |
| Employer contribution / active EE | $1,017 | $2,392-57.5% | $3,680-72.4% | $2,042-50.2% |
| Participant deferral / active EE | $2,454 | $2,766-11.3% | $3,897-37.0% | $3,169-22.6% |
| Admin fee / account holder | $71 | $556-87.3% | $5,194-98.6% | $479-85.3% |