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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $93,605 |
Filed as: NORTHWESTERN MUTUAL WEALTH MGMT Service code 27 · EIN 39-2018056 | Advisory (Plan) | $30,911 |
DOEREN MAYHEW1 year Filed as: DOEREN MAYHEW ASSURANCE Service code 10 · EIN 38-2492570 | Accounting | $10,000 |
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 | $92,571 | $107,741-14.1% | $96,576-4.1% | $79,634+16.2% |
| Participation rate | 80.5% | 79.1%+1.4pp | 81.4%-0.9pp | 62.5%+18.0pp |
| Annual return | 24.42% | 19.24%+5.2pp | 38.47%-14.1pp | 36.46%-12.0pp |
| Employer contribution / active EE | $3,016 | $2,991+0.8% | $3,553-15.1% | $2,529+19.3% |
| Participant deferral / active EE | $10,077 | $7,899+27.6% | $7,956+26.7% | $3,835+162.8% |
| Admin fee / account holder | $221 | $1,150-80.8% | $11,381-98.1% | $1,002-77.9% |