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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-1027290 | Contract Administrator | $62,403 |
Service code 27 · EIN 20-4554635 | Advisory (Plan) | $49,946 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $35,092 | $86,897-59.6% | $151,645-76.9% | $64,824-45.9% |
| Participation rate | 100.0% | 87.3%+12.7pp | 87.5%+12.5pp | 71.5%+28.5pp |
| Annual return | -14.63% | -3.57%-11.1pp | 3.34%-18.0pp | 32.84%-47.5pp |
| Employer contribution / active EE | $3,904 | $4,010-2.6% | $6,165-36.7% | $2,507+55.7% |
| Participant deferral / active EE | $5,023 | $6,690-24.9% | $8,363-39.9% | $4,311+16.5% |
| Admin fee / account holder | $99 | $153-35.6% | $11,614-99.2% | $188-47.5% |