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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $174,026 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,812 | $148,970-51.8% | $136,072-47.2% | $199,960-64.1% |
| Participation rate | 88.5% | 79.4%+9.1pp | 76.4%+12.0pp | 72.0%+16.5pp |
| Annual return | 80.12% | 27.07%+53.1pp | 580.46%-500.3pp | 34.28%+45.8pp |
| Employer contribution / active EE | $7,378 | $3,561+107.2% | $4,216+75.0% | $3,036+143.1% |
| Participant deferral / active EE | $8,968 | $6,140+46.1% | $7,028+27.6% | $5,087+76.3% |
| Admin fee / account holder | $117 | $144-18.4% | $6,718-98.3% | $269-56.4% |