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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,308 |
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 | $75,937 | $47,135+61.1% | $149,717-49.3% | $74,440+2.0% |
| Participation rate | 91.4% | 63.4%+28.0pp | 78.8%+12.7pp | 70.7%+20.7pp |
| Annual return | 19.32% | 22.75%-3.4pp | 134.41%-115.1pp | 34.37%-15.0pp |
| Employer contribution / active EE | $6,723 | $1,906+252.8% | $4,820+39.5% | $2,638+154.9% |
| Participant deferral / active EE | $12,728 | $2,728+366.5% | $5,682+124.0% | $4,529+181.1% |
| Admin fee / account holder | $33 | $343-90.5% | $13,213-99.8% | $348-90.6% |