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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $175,532 |
STIFEL NICOLAUS & CO INC8 years Service code 49 · EIN 43-0538770 | Other Services | $50,339 |
JANZ & KNIGHT1 year Filed as: JANZ & KNIGHT, PLC Service code 10 · EIN 38-1458667 | Accounting | $7,937 |
MORNINGSTAR2 years 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 | $141,382 | $107,741+31.2% | $96,576+46.4% | $79,634+77.5% |
| Participation rate | 96.9% | 79.1%+17.8pp | 81.4%+15.5pp | 62.5%+34.4pp |
| Annual return | 12.74% | 19.24%-6.5pp | 38.47%-25.7pp | 36.46%-23.7pp |
| Employer contribution / active EE | $0 | $2,991-100.0% | $3,553-100.0% | $2,529-100.0% |
| Participant deferral / active EE | $7,352 | $7,899-6.9% | $7,956-7.6% | $3,835+91.7% |
| Admin fee / account holder | $439 | $1,150-61.8% | $11,381-96.1% | $1,002-56.2% |