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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $211,899 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, INC. Service code 27 · EIN 43-1270780 | Advisory (Plan) | $99,249 |
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).
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 | $131,845 | $167,950-21.5% | $112,504+17.2% | $80,187+64.4% |
| Participation rate | 69.2% | 94.5%-25.3pp | 80.6%-11.4pp | 72.9%-3.7pp |
| Annual return | 22.42% | 18.78%+3.6pp | 34.13%-11.7pp | 40.40%-18.0pp |
| Employer contribution / active EE | $5,904 | $6,272-5.9% | $4,571+29.1% | $2,980+98.1% |
| Participant deferral / active EE | $6,899 | $9,857-30.0% | $6,522+5.8% | $5,016+37.5% |
| Admin fee / account holder | $138 | $104+32.9% | $7,048-98.0% | $145-5.0% |