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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $98,782 |
BAIRD FUNDS3 years Filed as: ROBERT W BAIRD & CO INC Service code 27 · EIN 39-6037917 | Advisory (Plan) | $33,151 |
THE RETIREMENT ADVANTAGE INC2 years Service code 49 · EIN 39-1816008 | Other Services | $19,238 |
SVA CERTIFIED ACCOUTANT1 year Service code 10 · EIN 39-1264653 | Accounting | $5,625 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $47,650 | $107,440-55.6% | $105,736-54.9% | $55,725-14.5% |
| Participation rate | 77.2% | 55.5%+21.7pp | 76.3%+0.9pp | 70.9%+6.4pp |
| Annual return | -5.65% | -0.59%-5.1pp | 6.27%-11.9pp | 244.93%-250.6pp |
| Employer contribution / active EE | $1,575 | $1,448+8.8% | $3,268-51.8% | $2,078-24.2% |
| Participant deferral / active EE | $2,556 | $2,171+17.7% | $4,080-37.4% | $3,356-23.8% |
| Admin fee / account holder | $325 | $283+14.7% | $6,913-95.3% | $115+182.1% |