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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $78,470 |
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $33,583 |
BKD, LLP2 years Filed as: DIXON HUGHES GOODMAN LLP Service code 13 · EIN 56-0747981 | Contract Administrator | $5,227 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $50,088 | $80,753-38.0% | $136,298-63.3% | $62,293-19.6% |
| Participation rate | 73.0% | 73.5%-0.6pp | 81.9%-8.9pp | 69.5%+3.5pp |
| Annual return | 17.04% | 35.83%-18.8pp | 5156.27%-5139.2pp | 28.90%-11.9pp |
| Employer contribution / active EE | $2,205 | $2,884-23.5% | $4,696-53.0% | $2,042+8.0% |
| Participant deferral / active EE | $5,932 | $5,164+14.9% | $6,247-5.0% | $3,169+87.2% |
| Admin fee / account holder | $325 | $525-38.1% | $9,244-96.5% | $479-32.2% |