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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,661 |
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 | $50,412 | $59,584-15.4% | $86,615-41.8% | $79,391-36.5% |
| Participation rate | 95.0% | 67.7%+27.4pp | 71.6%+23.4pp | 70.7%+24.3pp |
| Annual return | 15.10% | 23.15%-8.1pp | 63.51%-48.4pp | 116.88%-101.8pp |
| Employer contribution / active EE | $837 | $1,768-52.6% | $2,496-66.5% | $2,428-65.5% |
| Participant deferral / active EE | $4,646 | $3,036+53.0% | $3,699+25.6% | $4,046+14.8% |
| Admin fee / account holder | $16 | $604-97.4% | $5,830-99.7% | $627-97.5% |