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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $16,570 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 420127290 · DES MOINES, IA 50392 | Contract Administrator | $1,375 |
ADP BROKER-DEALER1 year Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Annual investment return 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 | $26,761 | $88,874-69.9% | $123,552-78.3% | $75,289-64.5% |
| Participation rate | 95.9% | 75.9%+20.0pp | 82.3%+13.6pp | 72.4%+23.4pp |
| Annual return | -6.11% | 4.22%-10.3pp | 119.20%-125.3pp | -0.04%-6.1pp |
| Employer contribution / active EE | $2,537 | $3,256-22.1% | $4,628-45.2% | $2,405+5.5% |
| Participant deferral / active EE | $9,172 | $6,174+48.6% | $6,426+42.7% | $3,739+145.3% |
| Admin fee / account holder | $14 | $95-84.8% | $9,285-99.8% | $102-86.0% |