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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $24,379 |
SBHU LIFE AGENCY INC1+ years Filed as: SBHU LIFE AGENCY INC. Service code 49 | Other Services | $7,808 |
ASSOCIATED PENSION CONSULTANTS1+ years Service code 13 111 EXPRESS STREET · OLAINVIEW, NY 11803 | Contract Administrator | $1,511 |
SBHU LIFE AGENCY INC1+ years Service code 49 1 NEW YORK PLAZA · NEW YORK, NY 100041901 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,071 | $93,182-64.5% | $146,643-77.4% | $79,391-58.3% |
| Participation rate | 87.5% | 76.4%+11.1pp | 80.1%+7.4pp | 70.7%+16.8pp |
| Annual return | 0.00% | 21.61%-21.6pp | 22.75%-22.7pp | 116.88%-116.9pp |
| Employer contribution / active EE | $915 | $2,420-62.2% | $4,137-77.9% | $2,428-62.3% |
| Participant deferral / active EE | $2,531 | $4,169-39.3% | $5,506-54.0% | $4,046-37.4% |
| Admin fee / account holder | $156 | $585-73.3% | $10,280-98.5% | $627-75.0% |