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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $34,662 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $8,981 |
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 | $15,246 | $47,135-67.7% | $149,717-89.8% | $74,440-79.5% |
| Participation rate | 78.3% | 63.4%+14.9pp | 78.8%-0.5pp | 70.7%+7.6pp |
| Annual return | 22.50% | 22.75%-0.3pp | 134.41%-111.9pp | 34.37%-11.9pp |
| Employer contribution / active EE | $0 | $1,906-100.0% | $4,820-100.0% | $2,638-100.0% |
| Participant deferral / active EE | $2,944 | $2,728+7.9% | $5,682-48.2% | $4,529-35.0% |
| Admin fee / account holder | $102 | $343-70.1% | $13,213-99.2% | $348-70.5% |