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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $260,932 |
MONETA GROUP LLC1 year Filed as: MONETA GROUP Service code 27 · EIN 20-1903821 | Advisory (Plan) | $76,525 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,071 | $88,730-48.1% | $82,313-44.0% | $77,958-40.9% |
| Participation rate | 96.5% | 84.5%+12.0pp | 76.9%+19.6pp | 71.6%+24.9pp |
| Annual return | 16.14% | 20.88%-4.7pp | 25.88%-9.7pp | 20.87%-4.7pp |
| Employer contribution / active EE | $672 | $2,758-75.6% | $2,428-72.3% | $2,310-70.9% |
| Participant deferral / active EE | $2,248 | $4,634-51.5% | $3,706-39.3% | $3,537-36.4% |
| Admin fee / account holder | $113 | $74+52.8% | $5,608-98.0% | $97+16.1% |