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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $87,200 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $47,393 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $167,752 | $84,487+98.6% | $125,339+33.8% | $66,914+150.7% |
| Participation rate | 95.5% | 76.4%+19.1pp | 82.4%+13.1pp | 69.8%+25.7pp |
| Annual return | -19.43% | -8.39%-11.0pp | 572.05%-591.5pp | 1.58%-21.0pp |
| Employer contribution / active EE | $5,362 | $3,553+50.9% | $4,814+11.4% | $2,544+110.7% |
| Participant deferral / active EE | $8,960 | $6,781+32.1% | $7,446+20.3% | $4,237+111.5% |
| Admin fee / account holder | $409 | $685-40.2% | $10,010-95.9% | $593-31.0% |