Filed May 8, 2019
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $23,640 |
THE BENEFIT PRACTICE2 years Service code 49 · EIN 13-4144565 | Other Services | $9,522 |
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $232,431 | $98,463+136.1% | $119,258+94.9% | $85,847+170.8% |
| Participation rate | 95.7% | 77.6%+18.1pp | 82.7%+13.0pp | 69.3%+26.4pp |
| Annual return | 10.69% | 38.53%-27.8pp | 30.69%-20.0pp | 318.61%-307.9pp |
| Employer contribution / active EE | $2,066 | $3,698-44.1% | $4,384-52.9% | $2,565-19.5% |
| Participant deferral / active EE | $18,160 | $4,942+267.5% | $6,111+197.2% | $3,952+359.5% |
| Admin fee / account holder | $251 | $7,493-96.6% | $7,226-96.5% | $6,261-96.0% |