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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $115,201 |
Filed as: O N EQUITY SALES CO Service code 49 · EIN 31-0742113 | Other Services | $26,324 |
Service code 49 · EIN 32-0071428 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $91,436 | $73,459+24.5% | $178,528-48.8% | $74,429+22.9% |
| Participation rate | 97.9% | 66.5%+31.4pp | 77.1%+20.8pp | 67.2%+30.7pp |
| Annual return | 14.38% | 17.50%-3.1pp | 27.11%-12.7pp | 1368.38%-1354.0pp |
| Employer contribution / active EE | $3,565 | $2,219+60.6% | $3,950-9.8% | $2,625+35.8% |
| Participant deferral / active EE | $5,377 | $4,515+19.1% | $6,278-14.4% | $4,348+23.7% |
| Admin fee / account holder | $380 | $1,812-79.0% | $10,419-96.4% | $1,944-80.4% |