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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSUARANCE COMPANY Service code 13 · EIN 42-0127290 | Contract Administrator | $172,648 |
Service code 49 · EIN 52-2114207 | Other Services | $67,490 |
ALLIANCE BENEFIT GROUP3 years Filed as: ALLIANCE BENEFIT GROUP OF HOUSTON Service code 13 · EIN 76-0500416 | Contract Administrator | $29,906 |
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 | $20,313 | $50,150-59.5% | $149,723-86.4% | $80,169-74.7% |
| Participation rate | 37.2% | 64.3%-27.1pp | 78.8%-41.6pp | 72.9%-35.7pp |
| Annual return | 20.11% | 29.80%-9.7pp | 134.50%-114.4pp | 40.39%-20.3pp |
| Employer contribution / active EE | $586 | $1,868-68.6% | $4,821-87.9% | $2,978-80.3% |
| Participant deferral / active EE | $2,009 | $3,195-37.1% | $5,682-64.7% | $5,016-60.0% |
| Admin fee / account holder | $137 | $153-10.6% | $13,215-99.0% | $145-5.8% |