Filed February 23, 2021
Total covered: 2 employees
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE COPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $110,330 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $37,318 |
DEFINITI LLC1 year Service code 13 · EIN 85-0833363 | Contract Administrator | $20,546 |
Filed as: CAPITAL RETIREMENT PLAN SERVICES Service code 13 · EIN 25-1802421 | Contract Administrator | $6,380 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,007 | $46,325-35.2% | $143,788-79.1% | $64,814-53.7% |
| Participation rate | 95.5% | 64.2%+31.2pp | 80.3%+15.1pp | 71.5%+24.0pp |
| Annual return | -14.96% | -10.05%-4.9pp | -0.03%-14.9pp | 32.84%-47.8pp |
| Employer contribution / active EE | $2,085 | $1,911+9.1% | $4,952-57.9% | $2,507-16.8% |
| Participant deferral / active EE | $3,451 | $2,647+30.4% | $5,638-38.8% | $4,310-19.9% |
| Admin fee / account holder | $328 | $154+112.9% | $14,675-97.8% | $188+74.4% |