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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,258 |
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 | $75,785 | $57,352+32.1% | $83,831-9.6% | $64,173+18.1% |
| Participation rate | 68.4% | 68.6%-0.2pp | 76.1%-7.7pp | 69.6%-1.1pp |
| Annual return | -7.60% | 11.38%-19.0pp | 850.99%-858.6pp | 7.63%-15.2pp |
| Employer contribution / active EE | $586 | $2,546-77.0% | $3,631-83.9% | $2,381-75.4% |
| Participant deferral / active EE | $2,864 | $2,993-4.3% | $4,082-29.8% | $3,470-17.5% |
| Admin fee / account holder | $14 | $4,046-99.7% | $5,479-99.8% | $4,887-99.7% |