Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $123,707 |
Filed as: MESIROW FINANCIAL INC Service code 27 · EIN 36-3194849 | Advisory (Plan) | $72,334 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $200,497 | $73,638+172.3% | $95,960+108.9% | $73,493+172.8% |
| Participation rate | 90.1% | 76.2%+13.9pp | 77.1%+13.0pp | 70.7%+19.4pp |
| Annual return | 13.17% | 16.78%-3.6pp | 91.63%-78.5pp | 28.51%-15.3pp |
| Employer contribution / active EE | $2,207 | $1,863+18.4% | $2,541-13.2% | $2,270-2.8% |
| Participant deferral / active EE | $7,571 | $3,617+109.3% | $4,167+81.7% | $3,740+102.5% |
| Admin fee / account holder | $769 | $482+59.5% | $6,797-88.7% | $513+49.9% |