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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $30,140 |
LOCKTON INVESTMENT ADVISORS, LLC2+ years Service code 49 · EIN 20-8874282 | Other Services | $26,388 |
LOCKTON INVESTMENT ADVISORS, LLC2+ years Filed as: LOCKTON FINANCIAL ADVISORS LLC Service code 49 · EIN 20-3247391 | Other Services | $13,612 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $31,066 | $80,211-61.3% | $74,184-58.1% | $63,975-51.4% |
| Participation rate | 78.0% | 84.2%-6.2pp | 76.6%+1.4pp | 71.1%+6.9pp |
| Annual return | 7.06% | 14.13%-7.1pp | 17.74%-10.7pp | 48.65%-41.6pp |
| Employer contribution / active EE | $365 | $2,553-85.7% | $2,370-84.6% | $2,182-83.3% |
| Participant deferral / active EE | $2,360 | $4,370-46.0% | $3,550-33.5% | $3,356-29.7% |
| Admin fee / account holder | $31 | $67-53.2% | $5,586-99.4% | $70-55.3% |