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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $104,942 |
BAIRD FUNDS4 years Filed as: ROBERT W BAIRD & CO INC Service code 27 · EIN 39-6037917 | Advisory (Plan) | $34,176 |
THE RETIREMENT ADVANTAGE INC3 years Service code 49 · EIN 39-1816008 | Other Services | $19,886 |
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 | $75,903 | $54,045+40.4% | $115,167-34.1% | $65,186+16.4% |
| Participation rate | 85.7% | 63.5%+22.1pp | 75.9%+9.7pp | 70.2%+15.4pp |
| Annual return | 19.24% | 26.55%-7.3pp | 35.60%-16.4pp | 29.39%-10.1pp |
| Employer contribution / active EE | $2,855 | $1,653+72.7% | $3,179-10.2% | $2,177+31.2% |
| Participant deferral / active EE | $4,546 | $2,504+81.6% | $4,169+9.1% | $3,514+29.4% |
| Admin fee / account holder | $432 | $626-31.0% | $7,089-93.9% | $847-49.0% |