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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $123,732 |
UBS FINANCIAL SERVICES INC11+ years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $54,698 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,586 | $99,442-9.9% | $113,397-21.0% | $71,012+26.2% |
| Participation rate | 94.8% | 78.9%+15.9pp | 76.5%+18.3pp | 58.6%+36.3pp |
| Annual return | 15.78% | 17.93%-2.2pp | 23.20%-7.4pp | 37.67%-21.9pp |
| Employer contribution / active EE | $3,764 | $3,068+22.7% | $2,977+26.4% | $2,348+60.3% |
| Participant deferral / active EE | $6,309 | $4,915+28.4% | $5,076+24.3% | $3,246+94.4% |
| Admin fee / account holder | $367 | $535-31.4% | $11,957-96.9% | $1,167-68.6% |