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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,385 |
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 | $79,729 | $27,800+186.8% | $58,561+36.1% | $71,511+11.5% |
| Participation rate | 68.7% | 34.6%+34.1pp | 50.9%+17.8pp | 67.9%+0.8pp |
| Annual return | 19.57% | 26.80%-7.2pp | 4251.33%-4231.8pp | 28.86%-9.3pp |
| Employer contribution / active EE | $3,251 | $632+414.7% | $1,053+208.6% | $2,589+25.6% |
| Participant deferral / active EE | $6,564 | $1,208+443.3% | $1,923+241.3% | $4,291+53.0% |
| Admin fee / account holder | $20 | $1,637-98.8% | $2,520-99.2% | $1,588-98.7% |