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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $112,126 |
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 | $85,386 | $66,457+28.5% | $81,438+4.8% | $77,671+9.9% |
| Participation rate | 99.1% | 68.7%+30.3pp | 69.5%+29.6pp | 70.6%+28.5pp |
| Annual return | 17.95% | 15.93%+2.0pp | 24.74%-6.8pp | 31.21%-13.3pp |
| Employer contribution / active EE | $4,249 | $2,159+96.8% | $2,460+72.7% | $2,726+55.8% |
| Participant deferral / active EE | $9,450 | $3,679+156.9% | $3,883+143.4% | $4,648+103.3% |
| Admin fee / account holder | $96 | $583-83.5% | $5,764-98.3% | $430-77.7% |