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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $30,097 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $14,988 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,513 | $66,486-19.5% | $81,370-34.2% | $77,762-31.2% |
| Participation rate | 55.1% | 68.7%-13.6pp | 69.5%-14.4pp | 70.6%-15.4pp |
| Annual return | 10.78% | 15.95%-5.2pp | 24.85%-14.1pp | 31.27%-20.5pp |
| Employer contribution / active EE | $2,033 | $2,158-5.8% | $2,464-17.5% | $2,728-25.5% |
| Participant deferral / active EE | $3,649 | $3,677-0.7% | $3,885-6.1% | $4,651-21.5% |
| Admin fee / account holder | $196 | $586-66.5% | $5,749-96.6% | $433-54.7% |