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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $18,391 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,435 | $72,303-13.6% | $86,698-28.0% | $64,824-3.7% |
| Participation rate | 52.5% | 80.4%-28.0pp | 76.6%-24.1pp | 71.5%-19.0pp |
| Annual return | -14.17% | 392.77%-406.9pp | 35.96%-50.1pp | 32.84%-47.0pp |
| Employer contribution / active EE | $1,474 | $2,393-38.4% | $2,837-48.0% | $2,507-41.2% |
| Participant deferral / active EE | $1,921 | $4,660-58.8% | $4,656-58.7% | $4,311-55.4% |
| Admin fee / account holder | $86 | $174-50.6% | $7,492-98.9% | $188-54.2% |