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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL FINANCIAL GROUP Service code 13 · EIN 42-0127290 | Contract Administrator | $35,080 |
Filed as: ARCHFORD CAPITAL STRAT Service code 27 · EIN 46-2394834 | Advisory (Plan) | $11,618 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,645 | $54,573-7.2% | $90,970-44.3% | $73,497-31.1% |
| Participation rate | 43.9% | 61.2%-17.3pp | 69.0%-25.2pp | 70.7%-26.8pp |
| Annual return | 15.10% | 16.69%-1.6pp | 134.60%-119.5pp | 28.51%-13.4pp |
| Employer contribution / active EE | $663 | $991-33.1% | $2,122-68.7% | $2,270-70.8% |
| Participant deferral / active EE | $1,040 | $2,517-58.7% | $3,373-69.2% | $3,740-72.2% |
| Admin fee / account holder | $317 | $521-39.1% | $5,961-94.7% | $513-38.1% |