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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $13,718 |
Service code 49 · EIN 31-1438300 | Other Services | $6,551 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,451 | $47,977-84.5% | $154,108-95.2% | $56,289-86.8% |
| Participation rate | 79.3% | 66.2%+13.1pp | 83.0%-3.8pp | 69.9%+9.4pp |
| Annual return | -10.90% | 3.54%-14.4pp | 735.21%-746.1pp | -9.96%-0.9pp |
| Employer contribution / active EE | $842 | $2,169-61.2% | $5,298-84.1% | $2,111-60.1% |
| Participant deferral / active EE | $1,122 | $2,392-53.1% | $5,081-77.9% | $3,350-66.5% |
| Admin fee / account holder | $74 | $438-83.2% | $13,411-99.5% | $521-85.8% |