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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $69,495 |
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 | $66,767 | $74,188-10.0% | $115,756-42.3% | $64,819+3.0% |
| Participation rate | 98.6% | 76.2%+22.3pp | 77.1%+21.5pp | 71.5%+27.1pp |
| Annual return | -12.83% | -11.81%-1.0pp | 143.14%-156.0pp | 32.84%-45.7pp |
| Employer contribution / active EE | $9,877 | $3,365+193.6% | $3,793+160.4% | $2,507+294.0% |
| Participant deferral / active EE | $10,733 | $5,294+102.8% | $6,254+71.6% | $4,311+149.0% |
| Admin fee / account holder | $117 | $148-21.4% | $8,124-98.6% | $188-37.9% |