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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $75,599 |
Service code 26 · EIN 43-1451524 | Advisory (Participants) | $65,698 |
UHY LLP4 years Service code 10 · EIN 20-0694403 | Accounting | $12,386 |
ERISA SERVICES, INC.2 years Service code 13 | Contract Administrator | $10,907 |
ERISA SERVICES, INC.3 years Filed as: ERISA SERVICES INC Service code 13 · EIN 62-1200951 | Contract Administrator | $10,285 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,443 | $105,248-35.9% | $147,318-54.2% | $71,012-5.0% |
| Participation rate | 49.8% | 66.1%-16.3pp | 82.1%-32.2pp | 58.6%-8.7pp |
| Annual return | 16.48% | 26.02%-9.5pp | 70.43%-54.0pp | 37.67%-21.2pp |
| Employer contribution / active EE | $2,332 | $3,785-38.4% | $4,593-49.2% | $2,348-0.7% |
| Participant deferral / active EE | $6,528 | $6,452+1.2% | $7,906-17.4% | $3,246+101.1% |
| Admin fee / account holder | $301 | $862-65.2% | $13,708-97.8% | $1,167-74.3% |