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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,564 |
Service code 37 · EIN 04-2647786 | Loan Processing | $3,840 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,089 | $88,137-53.4% | $164,975-75.1% | $74,429-44.8% |
| Participation rate | 82.0% | 73.1%+8.9pp | 78.6%+3.4pp | 67.2%+14.8pp |
| Annual return | 10.43% | 17.13%-6.7pp | 70.12%-59.7pp | 1368.38%-1358.0pp |
| Employer contribution / active EE | $975 | $2,597-62.5% | $4,343-77.6% | $2,625-62.9% |
| Participant deferral / active EE | $3,299 | $4,501-26.7% | $6,033-45.3% | $4,348-24.1% |
| Admin fee / account holder | $188 | $2,231-91.6% | $12,688-98.5% | $1,944-90.3% |