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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $51,301 |
Filed as: ANCORA RETIREMENT PLAN ADVISORS INC Service code 27 · EIN 23-2697799 | Advisory (Plan) | $24,915 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,861 | $93,598-40.3% | $135,974-58.9% | $75,173-25.7% |
| Participation rate | 100.0% | 75.2%+24.8pp | 81.9%+18.1pp | 67.2%+32.8pp |
| Annual return | 25.42% | 30.89%-5.5pp | 68.30%-42.9pp | 160.72%-135.3pp |
| Employer contribution / active EE | $2,689 | $3,538-24.0% | $4,859-44.7% | $2,671+0.7% |
| Participant deferral / active EE | $12,479 | $6,405+94.8% | $7,760+60.8% | $4,126+202.4% |
| Admin fee / account holder | $366 | $6,978-94.7% | $10,767-96.6% | $5,651-93.5% |