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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,683 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $4,772 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,081 | $59,111-11.9% | $86,451-39.8% | $68,490-24.0% |
| Participation rate | 57.3% | 75.2%-17.9pp | 80.3%-23.0pp | 67.9%-10.6pp |
| Annual return | 75.04% | -0.22%+75.3pp | 4398.51%-4323.5pp | -7.85%+82.9pp |
| Employer contribution / active EE | $844 | $2,519-66.5% | $3,770-77.6% | $2,597-67.5% |
| Participant deferral / active EE | $5,894 | $5,900-0.1% | $6,953-15.2% | $4,028+46.3% |
| Admin fee / account holder | $257 | $5,640-95.4% | $6,734-96.2% | $5,403-95.2% |