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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $49,509 |
Filed as: PRINCIPAL SECURITIES, INC. Service code 49 · EIN 42-0941553 | Other Services | $11,629 |
PENCOR, INC.1 year Service code 13 · EIN 59-3186581 | Contract Administrator | $10,913 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $88,036 | $55,453+58.8% | $170,435-48.3% | $62,293+41.3% |
| Participation rate | 100.0% | 66.4%+33.6pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 12.93% | 21.38%-8.4pp | 205.94%-193.0pp | 28.90%-16.0pp |
| Employer contribution / active EE | $6,348 | $2,164+193.4% | $5,432+16.9% | $2,042+210.9% |
| Participant deferral / active EE | $4,112 | $2,303+78.6% | $4,939-16.7% | $3,169+29.8% |
| Admin fee / account holder | $556 | $455+22.2% | $13,881-96.0% | $479+16.0% |