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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $64,104 |
COMMONWEALTH FINANCIAL NETWORK5+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $38,501 |
WILSHIRE ASSOCIATES INCORPORATED5+ 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 | $17,125 | $70,917-75.9% | $98,920-82.7% | $73,497-76.7% |
| Participation rate | 89.3% | 73.8%+15.5pp | 76.0%+13.3pp | 70.7%+18.6pp |
| Annual return | -8.47% | 34.18%-42.6pp | 196.47%-204.9pp | 28.51%-37.0pp |
| Employer contribution / active EE | $1,480 | $2,037-27.4% | $2,689-45.0% | $2,270-34.8% |
| Participant deferral / active EE | $3,254 | $3,501-7.0% | $4,245-23.3% | $3,740-13.0% |
| Admin fee / account holder | $278 | $535-48.1% | $6,643-95.8% | $513-45.9% |