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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $39,229 |
PENSION WORKS, INC.1+ years Service code 10 · EIN 03-0359635 | Accounting | $21,471 |
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $8,480 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,378 | $62,324-76.9% | $68,509-79.0% | $55,191-73.9% |
| Participation rate | 96.9% | 78.9%+18.0pp | 74.7%+22.1pp | 69.2%+27.7pp |
| Annual return | -2.91% | 4.26%-7.2pp | 8.27%-11.2pp | 10.78%-13.7pp |
| Employer contribution / active EE | $1,037 | $2,223-53.4% | $2,278-54.5% | $1,899-45.4% |
| Participant deferral / active EE | $1,863 | $3,425-45.6% | $3,382-44.9% | $3,046-38.9% |
| Admin fee / account holder | $193 | $91+110.9% | $5,275-96.3% | $91+112.3% |