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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSUARANCE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $73,272 |
Service code 49 · EIN 52-2114207 | Other Services | $33,092 |
ALLIANCE BENEFIT GROUP1 year Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 13 · EIN 76-0500416 | Contract Administrator | $10,458 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,297 | $67,512-72.9% | $185,851-90.2% | $93,010-80.3% |
| Participation rate | 28.1% | 67.1%-39.1pp | 81.7%-53.6pp | 73.9%-45.8pp |
| Annual return | 140.36% | 21.04%+119.3pp | 122.11%+18.3pp | 158.70%-18.3pp |
| Employer contribution / active EE | $454 | $1,783-74.6% | $5,168-91.2% | $2,705-83.2% |
| Participant deferral / active EE | $1,298 | $3,035-57.3% | $5,569-76.7% | $4,561-71.6% |
| Admin fee / account holder | $124 | $318-60.9% | $16,245-99.2% | $152-18.0% |