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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 | $80,332+40.0% | $107,187+4.9% | $64,097+75.4% |
| Participation rate | 100.0% | 54.4%+45.6pp | 75.0%+25.0pp | 55.2%+44.8pp |
| Annual return | 2.86% | 24.26%-21.4pp | 204.55%-201.7pp | 34.64%-31.8pp |
| Employer contribution / active EE | $4,740 | $2,501+89.5% | $3,782+25.3% | $1,891+150.6% |
| Participant deferral / active EE | $5,275 | $3,109+69.7% | $5,096+3.5% | $3,080+71.3% |
| Admin fee / account holder | $406 | $4,314-90.6% | $9,162-95.6% | $3,454-88.3% |