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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $81,176 |
Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 · EIN 61-1758632 | Advisory (Plan) | $45,154 |
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 | $177,572 | $83,090+113.7% | $130,062+36.5% | $71,529+148.3% |
| Participation rate | 90.3% | 74.1%+16.1pp | 78.5%+11.8pp | 67.9%+22.3pp |
| Annual return | 17.55% | 20.61%-3.1pp | -137.37%+154.9pp | 28.97%-11.4pp |
| Employer contribution / active EE | $848 | $2,624-67.7% | $4,322-80.4% | $2,590-67.2% |
| Participant deferral / active EE | $8,537 | $4,436+92.5% | $5,821+46.7% | $4,291+98.9% |
| Admin fee / account holder | $432 | $1,727-75.0% | $10,601-95.9% | $1,588-72.8% |