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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $43,616 |
PENSION WORKS, INC.2+ years Service code 10 · EIN 03-0359635 | Accounting | $10,610 |
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $9,400 |
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 | $14,749 | $74,024-80.1% | $78,002-81.1% | $57,658-74.4% |
| Participation rate | 100.0% | 79.7%+20.3pp | 75.5%+24.5pp | 70.2%+29.8pp |
| Annual return | 7.10% | 12.14%-5.0pp | 425.99%-418.9pp | 5.13%+2.0pp |
| Employer contribution / active EE | $1,067 | $2,365-54.9% | $2,470-56.8% | $1,974-45.9% |
| Participant deferral / active EE | $1,847 | $3,533-47.7% | $3,497-47.2% | $3,061-39.6% |
| Admin fee / account holder | $143 | $93+53.7% | $5,481-97.4% | $95+51.6% |