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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $124,794 |
LOCKTON INVESTMENT ADVISORS, LLC5+ years Filed as: LOCKTON INVESTMENT ADVISORS Service code 27 · EIN 20-8874282 | Advisory (Plan) | $39,949 |
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).
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 | $37,661 | $95,776-60.7% | $162,171-76.8% | $77,775-51.6% |
| Participation rate | 93.2% | 88.6%+4.5pp | 87.6%+5.6pp | 73.2%+19.9pp |
| Annual return | 36.77% | 37.03%-0.3pp | 115.60%-78.8pp | 32.58%+4.2pp |
| Employer contribution / active EE | $1,782 | $3,874-54.0% | $5,613-68.2% | $2,504-28.8% |
| Participant deferral / active EE | $6,080 | $6,125-0.7% | $7,297-16.7% | $3,966+53.3% |
| Admin fee / account holder | $128 | $88+46.0% | $10,843-98.8% | $100+27.9% |