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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 | $120,321-51.5% | $147,117-60.3% | $99,313-41.2% |
| Participation rate | 95.9% | 73.4%+22.6pp | 82.2%+13.7pp | 71.7%+24.2pp |
| Annual return | 15.16% | 28.95%-13.8pp | 420.54%-405.4pp | 17.67%-2.5pp |
| Employer contribution / active EE | $2,047 | $4,158-50.8% | $4,932-58.5% | $3,264-37.3% |
| Participant deferral / active EE | $6,607 | $8,044-17.9% | $8,065-18.1% | $5,346+23.6% |
| Admin fee / account holder | $117 | $150-22.3% | $12,993-99.1% | $109+7.0% |