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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $113,219 |
STIFEL NICOLAUS & CO INC9 years Filed as: STIFEL, NICOLAUS AND COMPANY Service code 27 · EIN 43-0538770 | Advisory (Plan) | $42,500 |
BOUMA CORPORATION9 years Service code 49 · EIN 38-1395711 | Other Services | $0 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $112,438 | $90,170+24.7% | $150,734-25.4% | $69,733+61.2% |
| Participation rate | 100.0% | 60.2%+39.8pp | 78.4%+21.6pp | 62.5%+37.5pp |
| Annual return | 2.86% | 16.56%-13.7pp | 600.81%-597.9pp | 15.22%-12.4pp |
| Employer contribution / active EE | $4,740 | $3,428+38.3% | $4,918-3.6% | $2,250+110.7% |
| Participant deferral / active EE | $5,275 | $3,086+70.9% | $5,610-6.0% | $3,054+72.7% |
| Admin fee / account holder | $406 | $4,600-91.2% | $14,905-97.3% | $3,102-86.9% |