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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,897 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $4,714 | $50,898-90.7% | $171,082-97.2% | $55,167-91.5% |
| Participation rate | 80.6% | 63.3%+17.3pp | 76.7%+3.9pp | 69.0%+11.6pp |
| Annual return | 96.88% | 15.34%+81.5pp | 32.56%+64.3pp | 169.23%-72.3pp |
| Employer contribution / active EE | $341 | $1,433-76.2% | $4,002-91.5% | $1,963-82.6% |
| Participant deferral / active EE | $1,696 | $2,994-43.4% | $4,797-64.7% | $3,054-44.5% |
| Admin fee / account holder | $46 | $500-90.7% | $8,520-99.5% | $504-90.8% |