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| Provider | Service type | Compensation |
|---|---|---|
CORNERSTONE ADVISORS ASSET MGMT1+ years Filed as: CORNERSTONE INSTITUTIONAL INVESTORS Service code 27 · EIN 23-2933229 | Advisory (Plan) | $18,288 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $17,704 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $19,843 | $48,277-58.9% | $63,244-68.6% | $55,191-64.0% |
| Participation rate | 67.3% | 69.4%-2.1pp | 71.0%-3.7pp | 69.2%-1.8pp |
| Annual return | -1.85% | 2.37%-4.2pp | -70.31%+68.5pp | 10.78%-12.6pp |
| Employer contribution / active EE | $941 | $1,592-40.9% | $2,322-59.5% | $1,899-50.4% |
| Participant deferral / active EE | $1,626 | $2,432-33.2% | $2,953-45.0% | $3,046-46.6% |
| Admin fee / account holder | $187 | $86+118.1% | $5,893-96.8% | $91+106.5% |