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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $11,567 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,950 | $44,746-86.7% | $88,179-93.3% | $64,097-90.7% |
| Participation rate | 86.2% | 39.8%+46.3pp | 69.1%+17.0pp | 55.2%+31.0pp |
| Annual return | 18.36% | 24.70%-6.3pp | 64.97%-46.6pp | 34.64%-16.3pp |
| Employer contribution / active EE | $0 | $1,078-100.0% | $2,549-100.0% | $1,891-100.0% |
| Participant deferral / active EE | $1,319 | $2,072-36.3% | $4,614-71.4% | $3,080-57.2% |
| Admin fee / account holder | $125 | $3,437-96.4% | $7,673-98.4% | $3,454-96.4% |