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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $79,982 |
KDV WEALTH MANAGEMENT, LLC5+ years Service code 27 · EIN 20-8172864 | Advisory (Plan) | $38,807 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $106,225 | $63,114+68.3% | $92,909+14.3% | $65,185+63.0% |
| Participation rate | 87.7% | 68.8%+18.9pp | 76.0%+11.7pp | 70.2%+17.5pp |
| Annual return | 27.95% | 28.75%-0.8pp | 109.44%-81.5pp | 29.38%-1.4pp |
| Employer contribution / active EE | $2,592 | $2,571+0.8% | $3,653-29.1% | $2,177+19.1% |
| Participant deferral / active EE | $8,567 | $3,108+175.6% | $4,238+102.2% | $3,514+143.8% |
| Admin fee / account holder | $369 | $624-40.9% | $5,795-93.6% | $847-56.5% |