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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 | $127,689+0.3% | $146,866-12.8% | $65,191+96.5% |
| Participation rate | 88.7% | 68.4%+20.3pp | 82.5%+6.2pp | 63.0%+25.7pp |
| Annual return | 19.61% | 22.89%-3.3pp | 102.85%-83.2pp | 51.24%-31.6pp |
| Employer contribution / active EE | $5,105 | $4,150+23.0% | $4,425+15.4% | $2,400+112.7% |
| Participant deferral / active EE | $12,151 | $6,458+88.1% | $7,759+56.6% | $2,671+354.9% |
| Admin fee / account holder | $182 | $1,041-82.5% | $13,620-98.7% | $907-79.9% |