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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $134,438 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $188,106 | $106,110+77.3% | $147,005+28.0% | $77,671+142.2% |
| Participation rate | 87.4% | 78.4%+9.0pp | 82.2%+5.2pp | 70.6%+16.8pp |
| Annual return | 13.55% | 56.77%-43.2pp | 418.76%-405.2pp | 31.21%-17.7pp |
| Employer contribution / active EE | $5,600 | $4,065+37.8% | $4,934+13.5% | $2,726+105.4% |
| Participant deferral / active EE | $9,607 | $7,992+20.2% | $8,070+19.1% | $4,648+106.7% |
| Admin fee / account holder | $170 | $338-49.6% | $13,006-98.7% | $430-60.5% |