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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,100 |
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 | $98,176 | $72,273+35.8% | $101,275-3.1% | $79,856+22.9% |
| Participation rate | 68.9% | 68.5%+0.4pp | 75.8%-6.9pp | 69.6%-0.8pp |
| Annual return | 11.70% | 22.30%-10.6pp | 46.48%-34.8pp | 31.71%-20.0pp |
| Employer contribution / active EE | $828 | $2,691-69.2% | $3,660-77.4% | $2,471-66.5% |
| Participant deferral / active EE | $3,448 | $3,282+5.1% | $4,371-21.1% | $3,741-7.8% |
| Admin fee / account holder | $20 | $4,401-99.6% | $5,948-99.7% | $5,306-99.6% |