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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,171 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $52,431 | $75,183-30.3% | $123,894-57.7% | $55,167-5.0% |
| Participation rate | 99.6% | 72.8%+26.8pp | 81.4%+18.2pp | 69.0%+30.6pp |
| Annual return | 9.72% | 19.01%-9.3pp | 47.52%-37.8pp | 169.23%-159.5pp |
| Employer contribution / active EE | $2,533 | $2,823-10.3% | $4,617-45.1% | $1,963+29.1% |
| Participant deferral / active EE | $4,367 | $5,084-14.1% | $5,984-27.0% | $3,054+43.0% |
| Admin fee / account holder | $20 | $663-97.0% | $8,357-99.8% | $504-96.0% |