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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $242,571 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $59,854 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $88,283 | $122,128-27.7% | $147,117-40.0% | $200,096-55.9% |
| Participation rate | 83.8% | 78.2%+5.6pp | 82.2%+1.6pp | 72.0%+11.8pp |
| Annual return | 14.78% | 30.58%-15.8pp | 420.54%-405.8pp | 34.26%-19.5pp |
| Employer contribution / active EE | $4,263 | $4,093+4.2% | $4,932-13.6% | $3,038+40.3% |
| Participant deferral / active EE | $10,014 | $8,484+18.0% | $8,065+24.2% | $5,090+96.8% |
| Admin fee / account holder | $116 | $180-35.5% | $12,993-99.1% | $269-57.0% |