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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $137,270 |
RBC WEALTH MANAGEMENT5+ years Filed as: RBC CAPITAL MARKETS, LLC Service code 27 · EIN 41-1416330 | Advisory (Plan) | $50,620 |
TAX SHELTERED COMPENSATION, INC.5+ years Filed as: TAX SHELTERED COMPENSATION INC Service code 49 · EIN 41-0955056 | Other Services | $10,574 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $62,590 | $64,286-2.6% | $90,970-31.2% | $73,412-14.7% |
| Participation rate | 48.1% | 63.6%-15.5pp | 69.0%-20.9pp | 72.2%-24.1pp |
| Annual return | 13.76% | 21.46%-7.7pp | 134.60%-120.8pp | 59.30%-45.5pp |
| Employer contribution / active EE | $1,583 | $895+77.0% | $2,122-25.4% | $2,234-29.1% |
| Participant deferral / active EE | $3,021 | $2,453+23.1% | $3,373-10.4% | $3,806-20.6% |
| Admin fee / account holder | $282 | $287-1.8% | $5,961-95.3% | $158+78.5% |