Filed September 23, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $59,601 |
GLOBAL RETIREMENT PARTNERS LLC3+ years Service code 27 · EIN 47-1411118 | Advisory (Plan) | $19,857 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $79,591 | $80,753-1.4% | $136,298-41.6% | $62,293+27.8% |
| Participation rate | 100.0% | 73.5%+26.5pp | 81.9%+18.1pp | 69.5%+30.5pp |
| Annual return | 15.88% | 35.83%-20.0pp | 5156.27%-5140.4pp | 28.90%-13.0pp |
| Employer contribution / active EE | $2,899 | $2,884+0.5% | $4,696-38.3% | $2,042+41.9% |
| Participant deferral / active EE | $7,118 | $5,164+37.8% | $6,247+13.9% | $3,169+124.6% |
| Admin fee / account holder | $331 | $525-37.0% | $9,244-96.4% | $479-30.9% |