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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $68,720 |
FIRST WESTERN TRUST BANK3 years Service code 49 · EIN 27-0083757 | Other Services | $7,939 |
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 | $23,436 | $62,267-62.4% | $110,243-78.7% | $55,725-57.9% |
| Participation rate | 95.2% | 78.1%+17.1pp | 79.8%+15.4pp | 70.9%+24.4pp |
| Annual return | -5.83% | -1.07%-4.8pp | 314.76%-320.6pp | 244.93%-250.8pp |
| Employer contribution / active EE | $1,058 | $1,941-45.5% | $3,827-72.4% | $2,078-49.1% |
| Participant deferral / active EE | $3,004 | $3,516-14.6% | $4,672-35.7% | $3,356-10.5% |
| Admin fee / account holder | $100 | $121-16.9% | $8,548-98.8% | $115-12.8% |