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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,341 | $76,112-62.8% | $96,544-70.6% | $71,529-60.4% |
| Participation rate | 94.4% | 74.4%+20.0pp | 76.0%+18.5pp | 67.9%+26.5pp |
| Annual return | 16.79% | 22.80%-6.0pp | 25.88%-9.1pp | 28.97%-12.2pp |
| Employer contribution / active EE | $1,478 | $2,248-34.2% | $2,966-50.2% | $2,590-42.9% |
| Participant deferral / active EE | $4,422 | $4,217+4.9% | $4,851-8.9% | $4,291+3.0% |
| Admin fee / account holder | $47 | $2,708-98.3% | $8,254-99.4% | $1,588-97.1% |