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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $130,300 |
MORNINGSTAR4+ years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $128,111 | $112,596+13.8% | $152,301-15.9% | $64,728+97.9% |
| Participation rate | 88.7% | 63.6%+25.1pp | 82.4%+6.3pp | 57.9%+30.8pp |
| Annual return | 19.61% | 23.76%-4.1pp | 80.50%-60.9pp | 49.38%-29.8pp |
| Employer contribution / active EE | $5,105 | $3,716+37.4% | $4,624+10.4% | $2,243+127.6% |
| Participant deferral / active EE | $12,151 | $6,075+100.0% | $8,004+51.8% | $2,729+345.2% |
| Admin fee / account holder | $182 | $996-81.7% | $14,398-98.7% | $1,145-84.1% |