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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $78,182 |
Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 · EIN 61-1758632 | Advisory (Plan) | $46,452 |
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 | $151,629 | $86,692+74.9% | $119,634+26.7% | $66,949+126.5% |
| Participation rate | 88.8% | 75.6%+13.2pp | 79.3%+9.5pp | 69.8%+19.0pp |
| Annual return | -15.22% | -8.00%-7.2pp | -14.98%-0.2pp | 1.57%-16.8pp |
| Employer contribution / active EE | $864 | $2,536-65.9% | $4,232-79.6% | $2,545-66.1% |
| Participant deferral / active EE | $7,902 | $4,360+81.2% | $5,601+41.1% | $4,239+86.4% |
| Admin fee / account holder | $414 | $755-45.2% | $10,329-96.0% | $594-30.3% |