| Provider | Service type | Compensation |
|---|---|---|
COMMERCE BANK2 years Service code 19 · EIN 48-0962626 | Securities Custodian | $416,567 |
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $245,092 |
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 | $365,338 | $83,812+335.9% | $123,553+195.7% | $68,904+430.2% |
| Participation rate | 98.7% | 77.0%+21.7pp | 82.3%+16.4pp | 74.1%+24.6pp |
| Annual return | 12.15% | 0.60%+11.6pp | 119.21%-107.1pp | 1.07%+11.1pp |
| Employer contribution / active EE | $14,021 | $2,924+379.5% | $4,628+203.0% | $2,540+451.9% |
| Participant deferral / active EE | $0 | $5,609-100.0% | $6,426-100.0% | $4,015-100.0% |
| Admin fee / account holder | $82 | $65+25.9% | $9,284-99.1% | $71+14.6% |