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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $135,087 |
Filed as: MORGAN STANLEY GLOBAL Service code 27 · EIN 20-8764829 | Advisory (Plan) | $58,097 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $206,903 | $65,428+216.2% | $169,390+22.1% | $71,511+189.3% |
| Participation rate | 98.3% | 66.9%+31.4pp | 77.2%+21.1pp | 67.9%+30.4pp |
| Annual return | 18.42% | 21.35%-2.9pp | 406.07%-387.7pp | 28.86%-10.4pp |
| Employer contribution / active EE | $4,773 | $2,064+131.3% | $4,013+19.0% | $2,589+84.4% |
| Participant deferral / active EE | $12,632 | $4,360+189.8% | $6,222+103.0% | $4,291+194.4% |
| Admin fee / account holder | $855 | $1,328-35.6% | $9,015-90.5% | $1,588-46.2% |