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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 | $80,674+39.4% | $119,126-5.6% | $64,340+74.8% |
| Participation rate | 100.0% | 55.2%+44.8pp | 75.8%+24.2pp | 55.2%+44.8pp |
| Annual return | 2.86% | 26.86%-24.0pp | 282.11%-279.2pp | 24.14%-21.3pp |
| Employer contribution / active EE | $4,740 | $2,564+84.9% | $4,034+17.5% | $1,862+154.6% |
| Participant deferral / active EE | $5,275 | $3,053+72.8% | $5,318-0.8% | $2,980+77.0% |
| Admin fee / account holder | $406 | $4,559-91.1% | $10,693-96.2% | $3,703-89.0% |