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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INS. COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $34,282 |
Filed as: MERRILL LYNCH PIERCE FEENER & SMITH Service code 17 · EIN 13-5674085 | Pension Consulting | $31,708 |
Filed as: COMMONWEALTH TPA SOLUTIONS, LLC Service code 13 · EIN 87-3632446 | Contract Administrator | $8,829 |
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 | $75,057 | $91,474-17.9% | $135,982-44.8% | $71,529+4.9% |
| Participation rate | 87.5% | 75.7%+11.8pp | 81.9%+5.6pp | 67.9%+19.6pp |
| Annual return | 17.08% | 29.89%-12.8pp | 68.32%-51.2pp | 28.97%-11.9pp |
| Employer contribution / active EE | $2,868 | $3,705-22.6% | $4,859-41.0% | $2,590+10.7% |
| Participant deferral / active EE | $7,280 | $7,095+2.6% | $7,760-6.2% | $4,291+69.6% |
| Admin fee / account holder | $348 | $1,267-72.6% | $10,767-96.8% | $1,588-78.1% |