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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $107,205 |
Filed as: MORGAN STANLEY Service code 27 · EIN 51-0116113 | Advisory (Plan) | $52,491 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $166,493 | $56,918+192.5% | $182,558-8.8% | $65,186+155.4% |
| Participation rate | 100.0% | 66.5%+33.5pp | 78.0%+22.0pp | 70.2%+29.8pp |
| Annual return | 22.05% | 27.67%-5.6pp | 148.59%-126.5pp | 29.39%-7.3pp |
| Employer contribution / active EE | $3,716 | $1,615+130.1% | $4,076-8.8% | $2,177+70.7% |
| Participant deferral / active EE | $9,943 | $3,526+182.0% | $5,526+79.9% | $3,514+182.9% |
| Admin fee / account holder | $772 | $531+45.4% | $8,594-91.0% | $847-8.9% |