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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL FINANCIAL GROUP Service code 13 · EIN 42-0127290 | Contract Administrator | $50,737 |
Filed as: ARCHFORD CAPITAL STRATEGIES LLC Service code 27 · EIN 46-2394834 | Advisory (Plan) | $22,766 |
ORENDA RETIREMENT, LLC3 years Filed as: ORENDA RETIREMENT LLC Service code 13 · EIN 36-4877979 | Contract Administrator | $5,256 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,442 | $54,245+11.4% | $93,727-35.5% | $77,762-22.3% |
| Participation rate | 37.5% | 63.9%-26.5pp | 68.7%-31.2pp | 70.6%-33.1pp |
| Annual return | 14.15% | 30.58%-16.4pp | 133.83%-119.7pp | 31.27%-17.1pp |
| Employer contribution / active EE | $873 | $1,168-25.2% | $2,421-63.9% | $2,728-68.0% |
| Participant deferral / active EE | $1,178 | $3,144-62.5% | $4,417-73.3% | $4,651-74.7% |
| Admin fee / account holder | $392 | $575-31.8% | $8,292-95.3% | $433-9.3% |