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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $8,612 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $17,277 | $47,977-64.0% | $154,114-88.8% | $56,287-69.3% |
| Participation rate | 59.9% | 66.2%-6.3pp | 83.0%-23.2pp | 69.9%-10.0pp |
| Annual return | 12.57% | 3.54%+9.0pp | 735.16%-722.6pp | -9.96%+22.5pp |
| Employer contribution / active EE | $487 | $2,169-77.5% | $5,298-90.8% | $2,111-76.9% |
| Participant deferral / active EE | $1,252 | $2,392-47.6% | $5,081-75.3% | $3,350-62.6% |
| Admin fee / account holder | $77 | $438-82.5% | $13,411-99.4% | $521-85.2% |