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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,185 |
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 | $40,825 | $54,590-25.2% | $81,726-50.0% | $73,497-44.5% |
| Participation rate | 99.4% | 68.3%+31.1pp | 72.0%+27.4pp | 70.7%+28.7pp |
| Annual return | 15.31% | 17.74%-2.4pp | 29.49%-14.2pp | 28.51%-13.2pp |
| Employer contribution / active EE | $853 | $1,636-47.8% | $4,311-80.2% | $2,270-62.4% |
| Participant deferral / active EE | $4,228 | $2,759+53.3% | $7,108-40.5% | $3,740+13.1% |
| Admin fee / account holder | $13 | $592-97.8% | $5,160-99.8% | $513-97.5% |