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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,817 |
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 | $63,235 | $26,549+138.2% | $61,452+2.9% | $66,938-5.5% |
| Participation rate | 68.3% | 38.1%+30.2pp | 52.6%+15.8pp | 69.8%-1.5pp |
| Annual return | -13.78% | -16.21%+2.4pp | 338.96%-352.7pp | 1.58%-15.4pp |
| Employer contribution / active EE | $3,048 | $651+367.9% | $1,160+162.8% | $2,545+19.7% |
| Participant deferral / active EE | $6,011 | $1,338+349.2% | $2,125+182.9% | $4,238+41.8% |
| Admin fee / account holder | $43 | $409-89.4% | $2,131-98.0% | $594-92.7% |