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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,627 |
Filed as: MODERN WEALTH HOLDINGS, LLC Service code 13 · EIN 92-1037746 | Contract Administrator | $9,815 |
LPL FINANCIAL5 years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $8,171 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,905 | $62,166-42.2% | $81,286-55.8% | $74,429-51.8% |
| Participation rate | 78.7% | 64.1%+14.6pp | 69.5%+9.1pp | 67.2%+11.5pp |
| Annual return | 11.54% | 16.50%-5.0pp | 24.80%-13.3pp | 1368.38%-1356.8pp |
| Employer contribution / active EE | $333 | $1,881-82.3% | $2,463-86.5% | $2,625-87.3% |
| Participant deferral / active EE | $1,826 | $3,223-43.3% | $3,883-53.0% | $4,348-58.0% |
| Admin fee / account holder | $143 | $1,925-92.6% | $5,764-97.5% | $1,944-92.6% |