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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $176,208 |
STIFEL NICOLAUS & CO INC4 years Filed as: STIFEL NICOLAUS & COMPANY INC Service code 49 · EIN 43-0538770 | Other Services | $53,341 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,289 | $90,064+40.2% | $100,415+25.8% | $77,762+62.4% |
| Participation rate | 98.1% | 81.3%+16.8pp | 81.5%+16.6pp | 70.6%+27.5pp |
| Annual return | 12.87% | 20.61%-7.7pp | 49.47%-36.6pp | 31.27%-18.4pp |
| Employer contribution / active EE | $0 | $3,043-100.0% | $3,943-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $7,473 | $8,282-9.8% | $8,091-7.6% | $4,651+60.7% |
| Admin fee / account holder | $382 | $172+122.2% | $7,906-95.2% | $433-11.7% |