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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $115,881 |
Filed as: MML INVESTOR SERVICES, LLC Service code 27 · EIN 04-2746212 | Advisory (Plan) | $65,663 |
Service code 49 · EIN 22-2725182 3136 WINTON ROAD SOUTH · ROCHESTER, NY 146232928 | Other Services | $17,848 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $153,458 | $91,474+67.8% | $135,982+12.9% | $71,529+114.5% |
| Participation rate | 98.6% | 75.7%+22.9pp | 81.9%+16.6pp | 67.9%+30.6pp |
| Annual return | 5.59% | 29.89%-24.3pp | 68.32%-62.7pp | 28.97%-23.4pp |
| Employer contribution / active EE | $4,788 | $3,705+29.2% | $4,859-1.5% | $2,590+84.9% |
| Participant deferral / active EE | $6,105 | $7,095-14.0% | $7,760-21.3% | $4,291+42.3% |
| Admin fee / account holder | $534 | $1,267-57.9% | $10,767-95.0% | $1,588-66.4% |