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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $12,014 |
WILSHIRE ASSOCIATES INCORPORATED2+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $72,788 | $50,106+45.3% | $69,779+4.3% | $57,658+26.2% |
| Participation rate | 45.4% | 70.9%-25.4pp | 71.8%-26.4pp | 70.2%-24.8pp |
| Annual return | 7.17% | 14.58%-7.4pp | 12.99%-5.8pp | 5.13%+2.0pp |
| Employer contribution / active EE | $871 | $1,739-49.9% | $2,338-62.8% | $1,974-55.9% |
| Participant deferral / active EE | $2,837 | $2,486+14.1% | $2,931-3.2% | $3,061-7.3% |
| Admin fee / account holder | $48 | $89-46.3% | $4,381-98.9% | $95-49.4% |