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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $72,649 |
WILLIAM BLAIR6+ years Filed as: WILLIAM E HAMM AND ASSOCIATES INC Service code 27 · EIN 59-3331424 | Advisory (Plan) | $30,746 |
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 | $128,905 | $81,208+58.7% | $98,920+30.3% | $79,856+61.4% |
| Participation rate | 98.9% | 72.5%+26.4pp | 76.0%+22.9pp | 69.6%+29.3pp |
| Annual return | 12.48% | 60.99%-48.5pp | 196.47%-184.0pp | 31.71%-19.2pp |
| Employer contribution / active EE | $1,252 | $1,960-36.1% | $2,689-53.5% | $2,471-49.4% |
| Participant deferral / active EE | $6,220 | $3,265+90.5% | $4,245+46.5% | $3,741+66.3% |
| Admin fee / account holder | $637 | $6,013-89.4% | $6,643-90.4% | $5,306-88.0% |