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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $60,791 |
SECURIAN FINANCIAL SERVICES INC1+ years Service code 49 · EIN 41-1486060 | Other Services | $35,197 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $14,743 | $31,810-53.7% | $64,105-77.0% | $59,188-75.1% |
| Participation rate | 98.9% | 57.7%+41.2pp | 68.2%+30.7pp | 69.4%+29.5pp |
| Annual return | 6.88% | 9.41%-2.5pp | 791.24%-784.4pp | 5.51%+1.4pp |
| Employer contribution / active EE | $603 | $659-8.5% | $1,820-66.9% | $2,098-71.3% |
| Participant deferral / active EE | $1,708 | $1,582+7.9% | $2,822-39.5% | $3,265-47.7% |
| Admin fee / account holder | $36 | $57-36.1% | $4,499-99.2% | $92-60.6% |