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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $76,731 |
FIRST WESTERN TRUST BANK1 year Service code 49 · EIN 27-0083757 | Other Services | $7,701 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $23,158 | $107,378-78.4% | $108,582-78.7% | $57,658-59.8% |
| Participation rate | 90.7% | 77.1%+13.6pp | 79.6%+11.1pp | 70.2%+20.5pp |
| Annual return | 9.67% | 12.80%-3.1pp | -51.70%+61.4pp | 5.13%+4.5pp |
| Employer contribution / active EE | $1,518 | $1,782-14.8% | $3,758-59.6% | $1,974-23.1% |
| Participant deferral / active EE | $4,778 | $3,221+48.4% | $4,311+10.8% | $3,061+56.1% |
| Admin fee / account holder | $106 | $108-2.2% | $7,645-98.6% | $95+12.2% |