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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,972 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $7,339 | $52,639-86.1% | $185,117-96.0% | $62,293-88.2% |
| Participation rate | 81.8% | 63.9%+18.0pp | 77.3%+4.6pp | 69.5%+12.3pp |
| Annual return | 18.74% | 19.57%-0.8pp | 40.50%-21.8pp | 28.90%-10.2pp |
| Employer contribution / active EE | $369 | $1,483-75.1% | $4,182-91.2% | $2,042-81.9% |
| Participant deferral / active EE | $1,904 | $3,097-38.5% | $5,045-62.3% | $3,169-39.9% |
| Admin fee / account holder | $80 | $374-78.6% | $8,159-99.0% | $479-83.3% |