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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $55,493 |
HORNER TOWNSEND & KENT INC3+ years Service code 49 | Other Services | $20,891 |
HORNER TOWNSEND & KENT INC3+ years Filed as: HORNER TOWNSEND & KENT INC. Service code 49 · EIN 23-1706189 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $43,630 | $44,221-1.3% | $121,220-64.0% | $56,289-22.5% |
| Participation rate | 93.9% | 61.1%+32.9pp | 71.8%+22.2pp | 69.9%+24.1pp |
| Annual return | -8.71% | -3.58%-5.1pp | 16.94%-25.7pp | -9.96%+1.2pp |
| Employer contribution / active EE | $2,366 | $1,480+59.9% | $4,023-41.2% | $2,111+12.1% |
| Participant deferral / active EE | $4,982 | $2,521+97.6% | $3,345+48.9% | $3,350+48.7% |
| Admin fee / account holder | $383 | $480-20.3% | $5,021-92.4% | $521-26.5% |