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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,417 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $27,265 | $28,416-4.1% | $73,550-62.9% | $69,631-60.8% |
| Participation rate | 37.7% | 38.3%-0.7pp | 54.9%-17.3pp | 70.7%-33.0pp |
| Annual return | 39.42% | -694.13%+733.6pp | -15.16%+54.6pp | 27571.02%-27531.6pp |
| Employer contribution / active EE | $414 | $430-3.9% | $1,219-66.1% | $2,032-79.6% |
| Participant deferral / active EE | $627 | $897-30.1% | $1,804-65.3% | $3,224-80.6% |
| Admin fee / account holder | $130 | $104+24.3% | $2,320-94.4% | $110+17.5% |