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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $9,277 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $45,186 | $48,277-6.4% | $63,244-28.6% | $55,191-18.1% |
| Participation rate | 49.5% | 69.4%-19.9pp | 71.0%-21.6pp | 69.2%-19.7pp |
| Annual return | 0.92% | 2.37%-1.5pp | -70.31%+71.2pp | 10.78%-9.9pp |
| Employer contribution / active EE | $488 | $1,592-69.3% | $2,322-79.0% | $1,899-74.3% |
| Participant deferral / active EE | $1,779 | $2,432-26.9% | $2,953-39.8% | $3,046-41.6% |
| Admin fee / account holder | $57 | $86-33.4% | $5,893-99.0% | $91-36.9% |