Filed December 2, 2022 (most recent of 2 filings on file)
Total covered: 12 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
FIRST WESTERN TRUST BANK10+ years Filed as: FIRST WESTERN TRUST Service code 27 · EIN 27-0083757 | Advisory (Plan) | $29,399 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $28,645 |
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 | $101,062 | $60,504+67.0% | $81,882+23.4% | $74,478+35.7% |
| Participation rate | 80.8% | 62.9%+17.9pp | 72.4%+8.4pp | 67.2%+13.6pp |
| Annual return | 12.59% | 16.91%-4.3pp | 779.47%-766.9pp | 1370.56%-1358.0pp |
| Employer contribution / active EE | $3,491 | $2,627+32.9% | $2,916+19.7% | $2,626+32.9% |
| Participant deferral / active EE | $7,530 | $3,400+121.5% | $4,323+74.2% | $4,350+73.1% |
| Admin fee / account holder | $384 | $1,492-74.2% | $7,360-94.8% | $1,946-80.2% |