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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $68,401 |
HORNER TOWNSEND & KENT INC5+ years Service code 49 | Other Services | $22,816 |
HORNER TOWNSEND & KENT INC5+ 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.)
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 | $44,803 | $53,901-16.9% | $134,162-66.6% | $73,497-39.0% |
| Participation rate | 89.9% | 62.8%+27.1pp | 72.2%+17.8pp | 70.7%+19.3pp |
| Annual return | 12.78% | 15.82%-3.0pp | 36.35%-23.6pp | 28.51%-15.7pp |
| Employer contribution / active EE | $1,161 | $1,458-20.4% | $3,705-68.7% | $2,270-48.8% |
| Participant deferral / active EE | $3,265 | $2,739+19.2% | $3,500-6.7% | $3,740-12.7% |
| Admin fee / account holder | $330 | $581-43.1% | $6,685-95.1% | $513-35.6% |