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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $21,493 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $14,991 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,283 | $56,503-5.7% | $69,890-23.8% | $64,824-17.8% |
| Participation rate | 56.3% | 70.5%-14.2pp | 70.5%-14.2pp | 71.5%-15.2pp |
| Annual return | -9.69% | -13.44%+3.7pp | 190.84%-200.5pp | 32.84%-42.5pp |
| Employer contribution / active EE | $1,035 | $2,046-49.4% | $2,560-59.6% | $2,507-58.7% |
| Participant deferral / active EE | $2,169 | $3,389-36.0% | $3,848-43.7% | $4,311-49.7% |
| Admin fee / account holder | $161 | $160+0.6% | $6,267-97.4% | $188-14.2% |