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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,086 |
Service code 27 · EIN 46-2573833 | Advisory (Plan) | $9,809 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,766 | $50,820-69.0% | $155,567-89.9% | $77,671-79.7% |
| Participation rate | 100.0% | 63.1%+36.9pp | 78.2%+21.8pp | 70.6%+29.4pp |
| Annual return | 7.72% | 34.85%-27.1pp | 64.74%-57.0pp | 31.21%-23.5pp |
| Employer contribution / active EE | $822 | $1,993-58.7% | $4,674-82.4% | $2,726-69.8% |
| Participant deferral / active EE | $1,014 | $2,823-64.1% | $5,628-82.0% | $4,648-78.2% |
| Admin fee / account holder | $191 | $436-56.2% | $15,916-98.8% | $430-55.6% |