| Provider | Service type | Compensation |
|---|---|---|
COMMERCE BANK1+ years Filed as: THE COMMERCE TRUST COMPANY Service code 19 · EIN 44-0206815 | Securities Custodian | $1,644,320 |
FIRST BANKERS TRUST SERVICES1+ years Service code 21 · EIN 20-1171923 | Bank Trustee | $300,000 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $137,690 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $334,113 | $86,791+285.0% | $115,038+190.4% | $59,188+464.5% |
| Participation rate | 98.9% | 72.8%+26.1pp | 81.4%+17.5pp | 69.4%+29.5pp |
| Annual return | 14.13% | 4.44%+9.7pp | 26.14%-12.0pp | 5.51%+8.6pp |
| Employer contribution / active EE | $12,841 | $2,950+335.4% | $4,608+178.7% | $2,098+512.1% |
| Participant deferral / active EE | $0 | $5,298-100.0% | $6,026-100.0% | $3,265-100.0% |
| Admin fee / account holder | $168 | $95+76.9% | $8,175-97.9% | $92+82.1% |