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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $121,065 |
Filed as: MML INVESTOR SERVICES, LLC Service code 27 · EIN 04-1590850 | Advisory (Plan) | $54,595 |
Service code 49 · EIN 22-2725182 3136 WINTON ROAD SOUTH · ROCHESTER, NY 146232928 | Other Services | $6,898 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $139,489 | $99,957+39.5% | $149,745-6.8% | $73,497+89.8% |
| Participation rate | 98.8% | 75.7%+23.1pp | 82.5%+16.3pp | 70.7%+28.1pp |
| Annual return | 5.83% | 53.87%-48.0pp | 276.72%-270.9pp | 28.51%-22.7pp |
| Employer contribution / active EE | $6,761 | $3,191+111.9% | $4,646+45.5% | $2,270+197.8% |
| Participant deferral / active EE | $5,779 | $6,073-4.8% | $6,843-15.6% | $3,740+54.5% |
| Admin fee / account holder | $554 | $551+0.6% | $9,312-94.1% | $513+7.9% |