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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 | $62,166-31.9% | $81,353-47.9% | $74,459-43.1% |
| Participation rate | 92.0% | 64.1%+27.9pp | 69.5%+22.5pp | 67.2%+24.8pp |
| Annual return | 12.72% | 16.50%-3.8pp | 24.82%-12.1pp | 1369.70%-1357.0pp |
| Employer contribution / active EE | $1,592 | $1,881-15.4% | $2,464-35.4% | $2,626-39.4% |
| Participant deferral / active EE | $5,196 | $3,223+61.2% | $3,885+33.8% | $4,350+19.5% |
| Admin fee / account holder | $823 | $1,925-57.2% | $5,766-85.7% | $1,945-57.7% |