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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,888 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,398 | $62,177-23.8% | $81,370-41.7% | $74,478-36.4% |
| Participation rate | 90.4% | 64.1%+26.3pp | 69.5%+20.8pp | 67.2%+23.1pp |
| Annual return | 12.79% | 16.62%-3.8pp | 24.85%-12.1pp | 1370.56%-1357.8pp |
| Employer contribution / active EE | $741 | $1,881-60.6% | $2,464-69.9% | $2,626-71.8% |
| Participant deferral / active EE | $3,947 | $3,219+22.6% | $3,885+1.6% | $4,350-9.3% |
| Admin fee / account holder | $25 | $1,927-98.7% | $5,749-99.6% | $1,946-98.7% |