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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $815,986 |
MMA SECURITIES LLC5 years Service code 27 · EIN 22-3570392 | Advisory (Plan) | $12,662 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,602 | $112,711+3.5% | $170,055-31.4% | $80,187+45.4% |
| Participation rate | 96.3% | 87.4%+8.9pp | 87.0%+9.3pp | 72.9%+23.4pp |
| Annual return | 18.44% | 67.06%-48.6pp | 53.43%-35.0pp | 40.40%-22.0pp |
| Employer contribution / active EE | $1,529 | $4,488-65.9% | $6,790-77.5% | $2,980-48.7% |
| Participant deferral / active EE | $6,653 | $7,861-15.4% | $10,410-36.1% | $5,016+32.6% |
| Admin fee / account holder | $259 | $99+160.1% | $12,828-98.0% | $145+78.3% |