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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,216 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $4,116 | $46,732-91.2% | $156,551-97.4% | $55,167-92.5% |
| Participation rate | 86.0% | 65.8%+20.2pp | 84.0%+2.0pp | 69.0%+17.1pp |
| Annual return | 0.00% | 17.72%-17.7pp | 32.23%-32.2pp | 169.23%-169.2pp |
| Employer contribution / active EE | $650 | $2,105-69.1% | $5,501-88.2% | $1,963-66.9% |
| Participant deferral / active EE | $752 | $2,204-65.9% | $4,871-84.6% | $3,054-75.4% |
| Admin fee / account holder | $35 | $418-91.6% | $13,028-99.7% | $504-93.0% |