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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $80,659 |
GLOBAL RETIREMENT PARTNERS LLC2+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $13,986 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,357 | $62,146-31.8% | $81,438-48.0% | $74,546-43.2% |
| Participation rate | 92.0% | 64.1%+27.9pp | 69.5%+22.5pp | 67.2%+24.8pp |
| Annual return | 12.72% | 16.49%-3.8pp | 24.74%-12.0pp | 1366.03%-1353.3pp |
| Employer contribution / active EE | $1,592 | $1,883-15.5% | $2,460-35.3% | $2,624-39.3% |
| Participant deferral / active EE | $5,196 | $3,229+60.9% | $3,883+33.8% | $4,347+19.5% |
| Admin fee / account holder | $823 | $1,922-57.2% | $5,764-85.7% | $1,944-57.7% |