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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $30,766 |
NFP RETIREMENT INC1 year Filed as: NFP INSURANCE SERVICES INC Service code 49 · EIN 74-2470431 | Other Services | $10,645 |
GRX HOLDINGS LLC1 year Filed as: GRX HOLDING LLC Service code 10 · EIN 26-2347195 | Accounting | $9,558 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $38,165 | $51,466-25.8% | $78,778-51.6% | $62,293-38.7% |
| Participation rate | 67.1% | 59.8%+7.3pp | 69.2%-2.1pp | 69.5%-2.4pp |
| Annual return | 17.96% | 19.96%-2.0pp | 35.62%-17.7pp | 28.90%-10.9pp |
| Employer contribution / active EE | $596 | $827-28.0% | $1,986-70.0% | $2,042-70.8% |
| Participant deferral / active EE | $2,203 | $2,147+2.6% | $2,958-25.5% | $3,169-30.5% |
| Admin fee / account holder | $247 | $489-49.4% | $5,134-95.2% | $479-48.4% |