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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $41,864 |
Filed as: MMA SECURITES LLC Service code 27 · EIN 22-3570392 | Advisory (Plan) | $19,532 |
NEWPORT GROUP, INC.9 years Filed as: NEWPORT GROUP INC Service code 49 · EIN 27-2037969 | Other Services | $1,900 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $65,899 | $79,223-16.8% | $102,460-35.7% | $74,478-11.5% |
| Participation rate | 84.2% | 74.8%+9.4pp | 76.5%+7.6pp | 67.2%+16.9pp |
| Annual return | 11.09% | 54.98%-43.9pp | 29.47%-18.4pp | 1370.56%-1359.5pp |
| Employer contribution / active EE | $1,921 | $2,363-18.7% | $3,025-36.5% | $2,626-26.8% |
| Participant deferral / active EE | $4,338 | $4,417-1.8% | $5,056-14.2% | $4,350-0.3% |
| Admin fee / account holder | $307 | $2,003-84.7% | $9,460-96.8% | $1,946-84.2% |