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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $109,394 |
CAPFINANCIAL PARTNERS LLC6+ years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $50,848 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,465 | $79,519-12.6% | $95,964-27.6% | $73,412-5.4% |
| Participation rate | 98.9% | 81.2%+17.7pp | 77.1%+21.8pp | 72.2%+26.7pp |
| Annual return | 17.04% | 19.20%-2.2pp | 91.64%-74.6pp | 59.30%-42.3pp |
| Employer contribution / active EE | $2,600 | $2,048+27.0% | $2,541+2.3% | $2,234+16.4% |
| Participant deferral / active EE | $5,531 | $4,138+33.7% | $4,167+32.7% | $3,806+45.3% |
| Admin fee / account holder | $303 | $184+64.4% | $6,797-95.5% | $158+91.9% |