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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 17 · EIN 13-5674085 | Pension Consulting | $30,256 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $29,602 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $188,699 | $348,986-45.9% | $185,861+1.5% | - |
| Participation rate | 94.9% | 76.2%+18.8pp | 78.0%+16.9pp | - |
| Annual return | 17.05% | 9.09%+8.0pp | 35.96%-18.9pp | - |
| Employer contribution / active EE | $8,130 | $2,863+184.0% | $4,088+98.9% | - |
| Participant deferral / active EE | $12,704 | $5,378+136.2% | $5,634+125.5% | - |
| Admin fee / account holder | $431 | $28,026-98.5% | $9,503-95.5% | - |