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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $179,378 |
Service code 27 · EIN 95-3845382 | Advisory (Plan) | $36,621 |
Service code 13 · EIN 47-1910719 | Contract Administrator | $30,272 |
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA ADVISOR NETWORKS INSURANCE S Service code 49 · EIN 33-0232417 | Other Services | $13,035 |
Filed as: SIDE BY SIDE FINANCIALS INC Service code 13 | Contract Administrator | $9,109 |
Filed as: SIDE BY SIDE FINANCIALS INC. Service code 13 · EIN 27-3232902 | Contract Administrator | $4,950 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $61,248 | $107,378-43.0% | $108,582-43.6% | $57,658+6.2% |
| Participation rate | 93.8% | 77.1%+16.7pp | 79.6%+14.2pp | 70.2%+23.5pp |
| Annual return | 15.16% | 12.80%+2.4pp | -51.70%+66.9pp | 5.13%+10.0pp |
| Employer contribution / active EE | $2,513 | $1,782+41.1% | $3,758-33.1% | $1,974+27.3% |
| Participant deferral / active EE | $4,851 | $3,221+50.6% | $4,311+12.5% | $3,061+58.5% |
| Admin fee / account holder | $414 | $108+281.8% | $7,645-94.6% | $95+338.1% |