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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $212,584 |
FIDUCIENT ADVISORS LLC2 years Service code 27 · EIN 36-4001764 | Advisory (Plan) | $115,512 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $37,785 | $122,259-69.1% | $147,005-74.3% | $199,768-81.1% |
| Participation rate | 95.7% | 78.3%+17.4pp | 82.2%+13.5pp | 72.0%+23.7pp |
| Annual return | 24.74% | 30.58%-5.8pp | 418.76%-394.0pp | 34.26%-9.5pp |
| Employer contribution / active EE | $0 | $4,097-100.0% | $4,934-100.0% | $3,037-100.0% |
| Participant deferral / active EE | $8,691 | $8,504+2.2% | $8,070+7.7% | $5,090+70.8% |
| Admin fee / account holder | $79 | $179-56.0% | $13,006-99.4% | $269-70.8% |