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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $38,212 |
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $27,747 |
BKD, LLP1 year Filed as: DIXON HUGHES GOODMAN LLP Service code 10 · EIN 56-0747981 | Accounting | $4,829 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $34,028 | $80,177-57.6% | $123,894-72.5% | $57,658-41.0% |
| Participation rate | 60.0% | 74.4%-14.4pp | 81.4%-21.4pp | 70.2%-10.2pp |
| Annual return | 10.57% | 17.90%-7.3pp | 47.52%-36.9pp | 5.13%+5.4pp |
| Employer contribution / active EE | $1,729 | $2,913-40.6% | $4,617-62.5% | $1,974-12.4% |
| Participant deferral / active EE | $3,268 | $5,130-36.3% | $5,984-45.4% | $3,061+6.8% |
| Admin fee / account holder | $121 | $106+13.8% | $8,357-98.6% | $95+28.0% |