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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,882 |
SAGEPOINT FINANCIAL INC2+ years Filed as: FSC SECURITIES CORPORATION Service code 27 · EIN 58-1288674 | Advisory (Plan) | $10,729 |
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 | $17,323 | $34,634-50.0% | $77,096-77.5% | $64,819-73.3% |
| Participation rate | 29.8% | 49.8%-20.0pp | 67.9%-38.1pp | 71.5%-41.7pp |
| Annual return | -16.00% | -5.31%-10.7pp | 42.35%-58.4pp | 32.84%-48.8pp |
| Employer contribution / active EE | $550 | $1,385-60.3% | $2,814-80.5% | $2,507-78.1% |
| Participant deferral / active EE | $1,001 | $2,553-60.8% | $4,429-77.4% | $4,311-76.8% |
| Admin fee / account holder | $194 | $178+8.9% | $5,428-96.4% | $188+3.4% |