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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $32,612 |
SUNTRUST BANKS, INC.1 year Filed as: TRUIST ADVISORY SERVICES, INC. Service code 27 · EIN 37-1808847 | Advisory (Plan) | $18,894 |
ERISA SERVICES, INC.2 years Service code 13 · EIN 62-1200951 | Contract Administrator | $6,535 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,911 | $64,176-22.2% | $112,249-55.5% | $66,938-25.4% |
| Participation rate | 80.0% | 68.4%+11.6pp | 75.1%+4.9pp | 69.8%+10.2pp |
| Annual return | -15.22% | -13.80%-1.4pp | 27.48%-42.7pp | 1.58%-16.8pp |
| Employer contribution / active EE | $2,087 | $3,007-30.6% | $3,636-42.6% | $2,545-18.0% |
| Participant deferral / active EE | $3,536 | $3,694-4.3% | $4,729-25.2% | $4,238-16.6% |
| Admin fee / account holder | $253 | $626-59.6% | $6,412-96.1% | $594-57.5% |