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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $148,724 |
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 | $211,866 | $70,879+198.9% | $189,575+11.8% | $79,391+166.9% |
| Participation rate | 100.0% | 68.0%+32.0pp | 78.4%+21.6pp | 70.7%+29.3pp |
| Annual return | 15.19% | 20.70%-5.5pp | 64.19%-49.0pp | 116.88%-101.7pp |
| Employer contribution / active EE | $4,420 | $1,806+144.7% | $4,412+0.2% | $2,428+82.1% |
| Participant deferral / active EE | $11,033 | $4,081+170.3% | $6,174+78.7% | $4,046+172.7% |
| Admin fee / account holder | $1,076 | $647+66.1% | $9,806-89.0% | $627+71.7% |