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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $167,064 |
RBC WEALTH MANAGEMENT9+ years Filed as: RBC CAPITAL MARKETS, LLC Service code 27 · EIN 41-1416330 | Advisory (Plan) | $63,907 |
TAX SHELTERED COMPENSATION, INC.9+ years Filed as: TAX SHELTERED COMPENSATION INC Service code 49 · EIN 41-0955056 | Other Services | $19,653 |
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 | $63,553 | $48,744+30.4% | $93,727-32.2% | $200,096-68.2% |
| Participation rate | 49.5% | 63.7%-14.2pp | 68.7%-19.2pp | 72.0%-22.5pp |
| Annual return | 16.88% | 15.36%+1.5pp | 133.83%-117.0pp | 34.26%-17.4pp |
| Employer contribution / active EE | $1,750 | $1,140+53.5% | $2,421-27.7% | $3,038-42.4% |
| Participant deferral / active EE | $3,799 | $2,825+34.5% | $4,417-14.0% | $5,090-25.4% |
| Admin fee / account holder | $201 | $195+2.8% | $8,292-97.6% | $269-25.5% |