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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $79,356 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $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 | $118,679 | $76,696+54.7% | $96,538+22.9% | $71,529+65.9% |
| Participation rate | 94.6% | 66.6%+28.1pp | 74.3%+20.3pp | 67.9%+26.7pp |
| Annual return | 16.07% | 48.32%-32.2pp | 35.74%-19.7pp | 28.97%-12.9pp |
| Employer contribution / active EE | $1,337 | $3,032-55.9% | $3,740-64.3% | $2,590-48.4% |
| Participant deferral / active EE | $6,966 | $3,770+84.8% | $4,880+42.7% | $4,291+62.3% |
| Admin fee / account holder | $443 | $2,030-78.2% | $6,737-93.4% | $1,588-72.1% |