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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $54,351 |
IFS ADVISORY LLC2 years Filed as: SB ADVISORY, LLC Service code 27 · EIN 35-2312635 | Advisory (Plan) | $22,868 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,729 | $71,215-28.8% | $93,696-45.9% | $80,935-37.3% |
| Participation rate | 76.8% | 60.4%+16.4pp | 68.7%+8.1pp | 67.7%+9.2pp |
| Annual return | 10.92% | 11.27%-0.3pp | 133.74%-122.8pp | 35.66%-24.7pp |
| Employer contribution / active EE | $900 | $1,565-42.5% | $2,422-62.9% | $2,757-67.4% |
| Participant deferral / active EE | $3,630 | $4,037-10.1% | $4,417-17.8% | $4,299-15.6% |
| Admin fee / account holder | $449 | $6,958-93.5% | $8,287-94.6% | $6,924-93.5% |