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| Provider | Service type | Compensation |
|---|---|---|
Service code 49 · EIN 52-2114207 | Other Services | $6,949 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,501 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $35,903 | $31,388+14.4% | $73,550-51.2% | $62,293-42.4% |
| Participation rate | 48.0% | 39.9%+8.2pp | 54.9%-6.9pp | 69.5%-21.5pp |
| Annual return | 16.73% | 25.34%-8.6pp | -15.16%+31.9pp | 28.90%-12.2pp |
| Employer contribution / active EE | $1,374 | $498+175.8% | $1,219+12.7% | $2,042-32.7% |
| Participant deferral / active EE | $2,409 | $1,028+134.3% | $1,804+33.5% | $3,169-24.0% |
| Admin fee / account holder | $98 | $299-67.2% | $2,320-95.8% | $479-79.5% |