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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $190,949 |
STIFEL NICOLAUS & CO INC2 years Service code 49 · EIN 43-0538770 | Other Services | $63,315 |
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 | $94,289 | $69,231+36.2% | $91,994+2.5% | $67,579+39.5% |
| Participation rate | 95.7% | 78.9%+16.8pp | 78.6%+17.1pp | 71.3%+24.4pp |
| Annual return | 23.14% | 32.03%-8.9pp | 69.03%-45.9pp | 378.56%-355.4pp |
| Employer contribution / active EE | $1,729 | $2,284-24.3% | $3,452-49.9% | $2,148-19.5% |
| Participant deferral / active EE | $5,800 | $5,854-0.9% | $5,923-2.1% | $3,539+63.9% |
| Admin fee / account holder | $362 | $107+237.3% | $7,743-95.3% | $142+154.6% |