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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $91,473 |
Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 · EIN 61-1758632 | Advisory (Plan) | $51,317 |
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 | $199,746 | $88,203+126.5% | $165,100+21.0% | $74,478+168.2% |
| Participation rate | 87.4% | 73.1%+14.3pp | 78.6%+8.8pp | 67.2%+20.2pp |
| Annual return | 16.78% | 17.13%-0.4pp | 70.21%-53.4pp | 1370.56%-1353.8pp |
| Employer contribution / active EE | $1,020 | $2,601-60.8% | $4,348-76.5% | $2,626-61.2% |
| Participant deferral / active EE | $9,350 | $4,505+107.5% | $6,035+54.9% | $4,350+114.9% |
| Admin fee / account holder | $479 | $2,235-78.6% | $12,696-96.2% | $1,946-75.4% |