See peer percentile detail. $4.99 for your first month.
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| Provider | Service type | Compensation |
|---|---|---|
FIRST WESTERN TRUST BANK1 year Filed as: FIRST WESTERN TRUST Service code 13 · EIN 33-0818667 | Contract Administrator | $45,925 |
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $37,301 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,906 | $47,126+29.2% | $149,673-59.3% | $74,419-18.2% |
| Participation rate | 28.3% | 63.4%-35.1pp | 78.8%-50.5pp | 70.7%-42.4pp |
| Annual return | 14.88% | 22.75%-7.9pp | 134.42%-119.5pp | 34.38%-19.5pp |
| Employer contribution / active EE | $0 | $1,905-100.0% | $4,818-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $1,925 | $2,728-29.4% | $5,680-66.1% | $4,528-57.5% |
| Admin fee / account holder | $382 | $343+11.4% | $13,210-97.1% | $348+9.8% |