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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,416 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $65,003 | $63,314+2.7% | $91,004-28.6% | $62,293+4.3% |
| Participation rate | 94.4% | 73.3%+21.0pp | 75.6%+18.8pp | 69.5%+24.8pp |
| Annual return | 11.49% | 21.00%-9.5pp | 4.60%+6.9pp | 28.90%-17.4pp |
| Employer contribution / active EE | $3,335 | $1,807+84.5% | $2,456+35.8% | $2,042+63.3% |
| Participant deferral / active EE | $2,721 | $2,944-7.6% | $3,548-23.3% | $3,169-14.1% |
| Admin fee / account holder | $29 | $468-93.7% | $5,417-99.5% | $479-93.9% |