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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $11,308 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,144 | $65,118-53.7% | $76,766-60.7% | $55,725-45.9% |
| Participation rate | 75.6% | 79.6%-4.0pp | 77.0%-1.3pp | 70.9%+4.8pp |
| Annual return | -8.28% | -1.27%-7.0pp | 2.43%-10.7pp | 244.93%-253.2pp |
| Employer contribution / active EE | $2,433 | $1,941+25.4% | $2,485-2.1% | $2,078+17.1% |
| Participant deferral / active EE | $3,931 | $3,688+6.6% | $3,851+2.1% | $3,356+17.1% |
| Admin fee / account holder | $50 | $116-56.6% | $6,675-99.2% | $115-56.4% |