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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $10,563 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $21,416 | $53,777-60.2% | $134,155-84.0% | $79,858-73.2% |
| Participation rate | 77.4% | 58.8%+18.6pp | 72.2%+5.2pp | 69.6%+7.8pp |
| Annual return | 18.23% | 19.01%-0.8pp | 36.34%-18.1pp | 31.72%-13.5pp |
| Employer contribution / active EE | $1,189 | $1,321-10.0% | $3,705-67.9% | $2,471-51.9% |
| Participant deferral / active EE | $2,184 | $2,420-9.8% | $3,500-37.6% | $3,740-41.6% |
| Admin fee / account holder | $96 | $3,984-97.6% | $6,685-98.6% | $5,306-98.2% |