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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $134,502 |
Filed as: MML INVESTOR SERVICES, LLC Service code 27 · EIN 04-1590850 | Advisory (Plan) | $69,550 |
Service code 49 · EIN 22-2725182 3136 WINTON ROAD SOUTH · ROCHESTER, NY 146232928 | Other Services | $9,109 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $175,126 | $104,479+67.6% | $159,474+9.8% | $79,391+120.6% |
| Participation rate | 99.4% | 76.6%+22.7pp | 82.8%+16.5pp | 70.7%+28.6pp |
| Annual return | 29.35% | 67.98%-38.6pp | 263.68%-234.3pp | 116.88%-87.5pp |
| Employer contribution / active EE | $8,882 | $3,417+159.9% | $4,831+83.9% | $2,428+265.8% |
| Participant deferral / active EE | $5,972 | $6,468-7.7% | $7,353-18.8% | $4,046+47.6% |
| Admin fee / account holder | $581 | $711-18.3% | $10,802-94.6% | $627-7.2% |