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| Provider | Service type | Compensation |
|---|---|---|
US BANK2 years Filed as: MUFG UNION BANK NATIONAL ASSN Service code 49 · EIN 94-0304228 | Other Services | $7,718 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,650 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $76,407 | $54,726+39.6% | $68,793+11.1% | $64,181+19.0% |
| Participation rate | 45.1% | 68.0%-23.0pp | 72.2%-27.2pp | 69.6%-24.5pp |
| Annual return | -6.20% | -1.62%-4.6pp | -4.63%-1.6pp | 7.63%-13.8pp |
| Employer contribution / active EE | $229 | $1,846-87.6% | $2,625-91.3% | $2,381-90.4% |
| Participant deferral / active EE | $1,700 | $2,626-35.3% | $3,311-48.7% | $3,470-51.0% |
| Admin fee / account holder | $137 | $4,027-96.6% | $5,131-97.3% | $4,887-97.2% |