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| Provider | Service type | Compensation |
|---|---|---|
AMERITAS LIFE INSURANCE CORP2+ years Filed as: AMERITAS INVESTMENT CORP Service code 49 · EIN 47-0663374 | Other Services | $24,763 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,054 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $52,223 | $63,905-18.3% | $74,184-29.6% | $57,658-9.4% |
| Participation rate | 63.7% | 79.8%-16.1pp | 76.6%-12.9pp | 70.2%-6.5pp |
| Annual return | 9.62% | 60.60%-51.0pp | 17.74%-8.1pp | 5.13%+4.5pp |
| Employer contribution / active EE | $462 | $1,840-74.9% | $2,370-80.5% | $1,974-76.6% |
| Participant deferral / active EE | $3,685 | $3,448+6.9% | $3,550+3.8% | $3,061+20.4% |
| Admin fee / account holder | $15 | $91-84.0% | $5,586-99.7% | $95-84.6% |