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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSUARANCE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $118,147 |
Service code 49 · EIN 52-2114207 | Other Services | $38,166 |
ALLIANCE BENEFIT GROUP2 years Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 13 · EIN 76-0500416 | Contract Administrator | $16,913 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,277 | $45,000-66.1% | $143,797-89.4% | $77,906-80.4% |
| Participation rate | 33.9% | 66.8%-33.0pp | 80.3%-46.5pp | 73.7%-39.8pp |
| Annual return | 64.94% | 29.03%+35.9pp | -0.04%+65.0pp | 12.16%+52.8pp |
| Employer contribution / active EE | $423 | $1,870-77.4% | $4,952-91.4% | $2,846-85.1% |
| Participant deferral / active EE | $1,398 | $3,157-55.7% | $5,638-75.2% | $4,805-70.9% |
| Admin fee / account holder | $88 | $98-11.0% | $14,679-99.4% | $133-33.9% |