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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $576,401 |
SPECTRUM INVESTMENT ADVISORS2 years Filed as: SPECTRUM INVESTMENT Service code 27 · EIN 39-1828175 | Advisory (Plan) | $176,702 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $58,354 | $119,626-51.2% | $147,096-60.3% | $99,269-41.2% |
| Participation rate | 95.9% | 73.4%+22.5pp | 82.2%+13.7pp | 71.7%+24.2pp |
| Annual return | 15.16% | 28.81%-13.7pp | 419.75%-404.6pp | 17.66%-2.5pp |
| Employer contribution / active EE | $2,047 | $4,152-50.7% | $4,936-58.5% | $3,265-37.3% |
| Participant deferral / active EE | $6,607 | $7,997-17.4% | $8,071-18.1% | $5,344+23.6% |
| Admin fee / account holder | $117 | $150-22.0% | $13,005-99.1% | $109+7.0% |