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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,527 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $62,284 | $56,197+10.8% | $67,652-7.9% | $59,633+4.4% |
| Participation rate | 64.3% | 71.5%-7.2pp | 75.7%-11.4pp | 68.7%-4.4pp |
| Annual return | 0.67% | 18508.10%-18507.4pp | 6625.40%-6624.7pp | 2041.45%-2040.8pp |
| Employer contribution / active EE | $480 | $1,615-70.2% | $2,266-78.8% | $2,203-78.2% |
| Participant deferral / active EE | $2,870 | $2,844+0.9% | $3,560-19.4% | $3,192-10.1% |
| Admin fee / account holder | $22 | $3,958-99.4% | $4,821-99.5% | $4,297-99.5% |