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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $42,756 |
Filed as: INSTITUTIONAL AND FAMILY ASSET MGMT Service code 27 · EIN 47-2600132 | Advisory (Plan) | $19,473 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,763 | $65,453-14.8% | $86,698-35.7% | $66,938-16.7% |
| Participation rate | 83.0% | 75.5%+7.5pp | 76.6%+6.4pp | 69.8%+13.1pp |
| Annual return | -16.76% | -10.89%-5.9pp | 35.95%-52.7pp | 1.58%-18.3pp |
| Employer contribution / active EE | $1,801 | $2,154-16.4% | $2,837-36.5% | $2,545-29.2% |
| Participant deferral / active EE | $2,971 | $4,102-27.6% | $4,656-36.2% | $4,238-29.9% |
| Admin fee / account holder | $319 | $642-50.3% | $7,493-95.7% | $594-46.2% |