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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $70,319 |
WILLIAM BLAIR8+ years Filed as: WILLIAM E HAMM AND ASSOCIATES INC Service code 27 · EIN 59-3331424 | Advisory (Plan) | $37,864 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $128,201 | $73,019+75.6% | $90,766+41.2% | $68,490+87.2% |
| Participation rate | 98.9% | 70.8%+28.1pp | 75.7%+23.2pp | 67.9%+31.0pp |
| Annual return | -16.61% | -13.81%-2.8pp | -12.16%-4.5pp | -7.85%-8.8pp |
| Employer contribution / active EE | $1,438 | $2,193-34.4% | $2,922-50.8% | $2,597-44.6% |
| Participant deferral / active EE | $7,106 | $3,626+96.0% | $4,565+55.7% | $4,028+76.4% |
| Admin fee / account holder | $645 | $5,897-89.1% | $8,446-92.4% | $5,403-88.1% |