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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK1+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $12,755 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $3,628 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $11,633 | $56,640-79.5% | $78,002-85.1% | $55,167-78.9% |
| Participation rate | 71.0% | 73.3%-2.3pp | 75.5%-4.5pp | 69.0%+2.0pp |
| Annual return | -4.11% | 2868.48%-2872.6pp | 425.99%-430.1pp | 169.23%-173.3pp |
| Employer contribution / active EE | $999 | $1,724-42.0% | $2,470-59.6% | $1,963-49.1% |
| Participant deferral / active EE | $2,132 | $2,778-23.3% | $3,497-39.0% | $3,054-30.2% |
| Admin fee / account holder | $23 | $467-95.0% | $5,481-99.6% | $504-95.4% |