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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $34,759 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $32,369 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,296 | $78,636+3.4% | $105,607-23.0% | $74,459+9.2% |
| Participation rate | 82.9% | 72.8%+10.1pp | 75.3%+7.6pp | 67.2%+15.7pp |
| Annual return | 13.83% | 15.96%-2.1pp | 116.11%-102.3pp | 1369.70%-1355.9pp |
| Employer contribution / active EE | $1,489 | $2,523-41.0% | $3,167-53.0% | $2,626-43.3% |
| Participant deferral / active EE | $5,294 | $4,322+22.5% | $5,011+5.6% | $4,350+21.7% |
| Admin fee / account holder | $409 | $2,220-81.6% | $10,958-96.3% | $1,945-78.9% |