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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $126,841 |
Filed as: RAYMOND JAMES & ASSOCIATES , INC. Service code 27 | Advisory (Plan) | $33,034 |
NOVA 401(K) ASSOCIATES3 years Service code 13 · EIN 20-1181458 | Contract Administrator | $15,855 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,837 | $45,022-7.1% | $85,126-50.9% | $77,714-46.2% |
| Participation rate | 84.5% | 48.7%+35.8pp | 67.5%+17.0pp | 70.6%+13.9pp |
| Annual return | 12.36% | 79.38%-67.0pp | 66.63%-54.3pp | 31.26%-18.9pp |
| Employer contribution / active EE | $1,131 | $1,610-29.8% | $2,731-58.6% | $2,727-58.5% |
| Participant deferral / active EE | $3,800 | $2,811+35.2% | $4,523-16.0% | $4,649-18.3% |
| Admin fee / account holder | $243 | $913-73.4% | $6,160-96.1% | $433-44.0% |