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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $31,194 |
SUNTRUST BANKS, INC.2 years Filed as: TRUIST ADVISORY SERVICES, INC. Service code 27 · EIN 37-1808847 | Advisory (Plan) | $17,187 |
ERISA SERVICES, INC.3 years Service code 13 · EIN 62-1200951 | Contract Administrator | $5,929 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,348 | $76,696-30.4% | $96,515-44.7% | $71,511-25.4% |
| Participation rate | 79.2% | 66.6%+12.6pp | 74.3%+4.8pp | 67.9%+11.2pp |
| Annual return | 14.59% | 48.32%-33.7pp | 35.73%-21.1pp | 28.86%-14.3pp |
| Employer contribution / active EE | $2,146 | $3,032-29.2% | $3,740-42.6% | $2,589-17.1% |
| Participant deferral / active EE | $3,333 | $3,770-11.6% | $4,880-31.7% | $4,291-22.3% |
| Admin fee / account holder | $240 | $2,030-88.2% | $6,735-96.4% | $1,588-84.9% |