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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,743 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,929 | $58,320+21.6% | $86,451-18.0% | $66,949+5.9% |
| Participation rate | 78.7% | 78.6%+0.1pp | 80.3%-1.7pp | 69.8%+8.8pp |
| Annual return | 0.00% | -9.71%+9.7pp | 4398.51%-4398.5pp | 1.57%-1.6pp |
| Employer contribution / active EE | $216 | $2,615-91.7% | $3,770-94.3% | $2,545-91.5% |
| Participant deferral / active EE | $631 | $6,899-90.9% | $6,953-90.9% | $4,239-85.1% |
| Admin fee / account holder | $19 | $546-96.5% | $6,734-99.7% | $594-96.8% |