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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $47,411 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH ADVIS Service code 27 · EIN 20-1665305 | Advisory (Plan) | $8,618 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $91,440 | $102,422-10.7% | $147,117-37.8% | $80,959+12.9% |
| Participation rate | 77.9% | 75.9%+2.0pp | 82.2%-4.3pp | 67.7%+10.2pp |
| Annual return | 19.77% | 135.16%-115.4pp | 420.54%-400.8pp | 35.67%-15.9pp |
| Employer contribution / active EE | $0 | $3,717-100.0% | $4,932-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $9,125 | $6,652+37.2% | $8,065+13.1% | $4,300+112.2% |
| Admin fee / account holder | $527 | $7,953-93.4% | $12,993-95.9% | $6,925-92.4% |