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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $46,501 |
FINANCIAL COUNSELING3 years Service code 27 · EIN 84-1220742 | Advisory (Plan) | $31,821 |
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 49 · EIN 82-3719843 | Other Services | $5,241 |
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 | $87,644 | $76,696+14.3% | $96,538-9.2% | $71,529+22.5% |
| Participation rate | 92.8% | 66.6%+26.2pp | 74.3%+18.5pp | 67.9%+24.9pp |
| Annual return | 18.24% | 48.32%-30.1pp | 35.74%-17.5pp | 28.97%-10.7pp |
| Employer contribution / active EE | $3,024 | $3,032-0.3% | $3,740-19.2% | $2,590+16.7% |
| Participant deferral / active EE | $4,953 | $3,770+31.4% | $4,880+1.5% | $4,291+15.4% |
| Admin fee / account holder | $421 | $2,030-79.3% | $6,737-93.7% | $1,588-73.5% |