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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $75,060 |
WILLIAM BLAIR10+ years Filed as: WILLIAM E HAMM AND ASSOCIATES INC Service code 27 · EIN 59-3331424 | Advisory (Plan) | $40,748 |
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 | $165,229 | $87,059+89.8% | $105,608+56.5% | $80,925+104.2% |
| Participation rate | 91.3% | 70.4%+20.9pp | 75.3%+16.0pp | 67.7%+23.6pp |
| Annual return | 10.75% | 17.05%-6.3pp | 116.50%-105.8pp | 35.65%-24.9pp |
| Employer contribution / active EE | $900 | $2,396-62.4% | $3,167-71.6% | $2,756-67.3% |
| Participant deferral / active EE | $5,519 | $3,986+38.5% | $5,010+10.2% | $4,299+28.4% |
| Admin fee / account holder | $736 | $8,443-91.3% | $11,028-93.3% | $6,940-89.4% |