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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $29,772 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $17,987 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 | Advisory (Plan) | $3 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,942 | $55,449+15.3% | $83,831-23.7% | $56,289+13.6% |
| Participation rate | 95.2% | 68.0%+27.2pp | 76.1%+19.1pp | 69.9%+25.4pp |
| Annual return | -3.75% | -1.38%-2.4pp | 850.99%-854.7pp | -9.96%+6.2pp |
| Employer contribution / active EE | $2,321 | $2,430-4.5% | $3,631-36.1% | $2,111+9.9% |
| Participant deferral / active EE | $4,488 | $2,935+52.9% | $4,082+10.0% | $3,350+34.0% |
| Admin fee / account holder | $397 | $656-39.4% | $5,479-92.7% | $521-23.7% |