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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,821 |
Service code 49 · EIN 93-0987232 | Other Services | $14,811 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $26,044 | $56,503-53.9% | $69,890-62.7% | $64,824-59.8% |
| Participation rate | 32.5% | 70.5%-38.0pp | 70.5%-38.0pp | 71.5%-39.0pp |
| Annual return | -20.48% | -13.44%-7.0pp | 190.84%-211.3pp | 32.84%-53.3pp |
| Employer contribution / active EE | $881 | $2,046-56.9% | $2,560-65.6% | $2,507-64.8% |
| Participant deferral / active EE | $1,508 | $3,389-55.5% | $3,848-60.8% | $4,311-65.0% |
| Admin fee / account holder | $259 | $160+61.7% | $6,267-95.9% | $188+38.0% |