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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,077 |
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 | $42,692 | $56,438-24.4% | $76,872-44.5% | $71,511-40.3% |
| Participation rate | 90.3% | 64.3%+26.0pp | 69.6%+20.7pp | 67.9%+22.3pp |
| Annual return | 16.62% | 19.05%-2.4pp | 37.90%-21.3pp | 28.86%-12.2pp |
| Employer contribution / active EE | $776 | $1,864-58.4% | $2,533-69.4% | $2,589-70.0% |
| Participant deferral / active EE | $4,133 | $3,136+31.8% | $3,832+7.9% | $4,291-3.7% |
| Admin fee / account holder | $16 | $1,430-98.8% | $5,476-99.7% | $1,588-99.0% |