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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $39,029 |
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 | $87,769 | $50,812+72.7% | $155,602-43.6% | $77,692+13.0% |
| Participation rate | 93.8% | 63.1%+30.7pp | 78.2%+15.6pp | 70.6%+23.2pp |
| Annual return | 16.01% | 34.85%-18.8pp | 64.81%-48.8pp | 31.25%-15.2pp |
| Employer contribution / active EE | $6,078 | $1,989+205.6% | $4,675+30.0% | $2,726+122.9% |
| Participant deferral / active EE | $11,232 | $2,822+298.0% | $5,629+99.6% | $4,648+141.6% |
| Admin fee / account holder | $25 | $436-94.3% | $15,923-99.8% | $431-94.2% |