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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INS. COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $31,271 |
Filed as: MERRILL LYNCH PIERCE FEENER & SMITH Service code 17 · EIN 13-5674085 | Pension Consulting | $29,603 |
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 13 · EIN 82-3719843 | Contract Administrator | $6,441 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,481 | $84,499-27.2% | $125,391-51.0% | $66,949-8.2% |
| Participation rate | 86.3% | 76.4%+9.9pp | 82.4%+3.9pp | 69.8%+16.5pp |
| Annual return | -13.10% | -8.49%-4.6pp | 572.41%-585.5pp | 1.57%-14.7pp |
| Employer contribution / active EE | $3,131 | $3,554-11.9% | $4,816-35.0% | $2,545+23.0% |
| Participant deferral / active EE | $6,933 | $6,785+2.2% | $7,448-6.9% | $4,239+63.5% |
| Admin fee / account holder | $317 | $685-53.8% | $10,009-96.8% | $594-46.6% |