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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 711 HIGH ST. · DES MOINES, IA 503921200 | Contract Administrator | $56,271 |
SBHU LIFE AGENCY INC9 years Service code 49 | Other Services | $21,501 |
Filed as: TIGER'S EYE BENEFITS CONSULTING Service code 13 · EIN 52-1875589 147 W WASHINGTON STREET · HAGERSTOWN, MD 21740 | Contract Administrator | $10,806 |
SBHU LIFE AGENCY INC9 years Filed as: SBHU LIFE AGENCY Service code 49 · EIN 13-2896238 1 NEW YORK PLZ FL 12 · NEW YORK, NY 100041901 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,910 | $59,467+44.5% | $93,727-8.3% | $74,478+15.3% |
| Participation rate | 70.2% | 59.6%+10.6pp | 68.7%+1.5pp | 67.2%+3.0pp |
| Annual return | 11.19% | 82.14%-70.9pp | 133.83%-122.6pp | 1370.56%-1359.4pp |
| Employer contribution / active EE | $1,243 | $1,267-1.9% | $2,421-48.7% | $2,626-52.7% |
| Participant deferral / active EE | $3,954 | $3,052+29.6% | $4,417-10.5% | $4,350-9.1% |
| Admin fee / account holder | $490 | $3,028-83.8% | $8,292-94.1% | $1,946-74.8% |