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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $101,516 |
RBC WEALTH MANAGEMENT4+ years Filed as: RBC CAPITAL MARKETS, LLC Service code 27 · EIN 41-1416330 | Advisory (Plan) | $55,333 |
TAX SHELTERED COMPENSATION, INC.4+ years Filed as: TAX SHELTERED COMPENSATION INC Service code 13 · EIN 41-0955056 | Contract Administrator | $15,170 |
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).
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 | $52,613 | $40,174+31.0% | $84,023-37.4% | $67,582-22.1% |
| Participation rate | 45.1% | 62.7%-17.6pp | 69.0%-23.9pp | 71.3%-26.2pp |
| Annual return | 25.91% | 25.82%+0.1pp | 71.32%-45.4pp | 378.57%-352.7pp |
| Employer contribution / active EE | $1,417 | $808+75.5% | $1,984-28.6% | $2,148-34.0% |
| Participant deferral / active EE | $2,612 | $2,301+13.5% | $3,239-19.4% | $3,539-26.2% |
| Admin fee / account holder | $183 | $128+42.7% | $6,102-97.0% | $142+28.7% |