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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $7,769 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $10,260 | $65,378-84.3% | $87,103-88.2% | $65,186-84.3% |
| Participation rate | 96.0% | 75.3%+20.7pp | 76.9%+19.2pp | 70.2%+25.8pp |
| Annual return | 55.46% | 31.28%+24.2pp | 28.19%+27.3pp | 29.39%+26.1pp |
| Employer contribution / active EE | $1,987 | $1,823+9.0% | $2,521-21.2% | $2,177-8.7% |
| Participant deferral / active EE | $2,956 | $3,389-12.8% | $4,049-27.0% | $3,514-15.9% |
| Admin fee / account holder | $73 | $520-85.9% | $7,491-99.0% | $847-91.3% |