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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $129,321 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $9,164 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,427 | $127,481-67.5% | $149,745-72.3% | $90,274-54.1% |
| Participation rate | 92.8% | 78.2%+14.5pp | 82.5%+10.3pp | 73.4%+19.4pp |
| Annual return | 19.26% | 57.78%-38.5pp | 276.72%-257.5pp | 53.97%-34.7pp |
| Employer contribution / active EE | $2,288 | $3,448-33.6% | $4,646-50.7% | $2,523-9.3% |
| Participant deferral / active EE | $8,505 | $6,975+21.9% | $6,843+24.3% | $4,231+101.0% |
| Admin fee / account holder | $76 | $152-49.6% | $9,312-99.2% | $114-33.0% |