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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,100 |
Service code 49 · EIN 46-2849009 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $88,108 | $57,828+52.4% | $117,039-24.7% | $70,126+25.6% |
| Participation rate | 65.2% | 67.1%-1.9pp | 77.2%-12.0pp | 69.5%-4.3pp |
| Annual return | 18.12% | 17.55%+0.6pp | 18.95%-0.8pp | 73.15%-55.0pp |
| Employer contribution / active EE | $1,017 | $1,816-44.0% | $3,785-73.1% | $2,343-56.6% |
| Participant deferral / active EE | $2,971 | $2,438+21.9% | $3,929-24.4% | $3,332-10.8% |
| Admin fee / account holder | $15 | $3,548-99.6% | $5,974-99.7% | $4,645-99.7% |