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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $136,855 |
CROWE LLP2+ years Filed as: CROWE HORWATH LLP Service code 10 · EIN 03-5092168 | Accounting | $7,000 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $370,623 | $82,279+350.4% | $78,002+375.1% | $63,975+479.3% |
| Participation rate | 16.8% | 84.7%-67.8pp | 75.5%-58.7pp | 71.1%-54.3pp |
| Annual return | 251.64% | 11.20%+240.4pp | 425.99%-174.3pp | 48.65%+203.0pp |
| Employer contribution / active EE | $1,572 | $3,297-52.3% | $2,470-36.4% | $2,182-27.9% |
| Participant deferral / active EE | $1,390 | $4,538-69.4% | $3,497-60.3% | $3,356-58.6% |
| Admin fee / account holder | $139 | $81+71.3% | $5,481-97.5% | $70+97.9% |