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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $79,067 |
LPL FINANCIAL3 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $20,620 |
WILSHIRE ASSOCIATES INCORPORATED4+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $46,587 | $55,449-16.0% | $83,830-44.4% | $56,287-17.2% |
| Participation rate | 93.3% | 68.0%+25.3pp | 76.1%+17.2pp | 69.9%+23.4pp |
| Annual return | -6.78% | -1.38%-5.4pp | 850.97%-857.7pp | -9.96%+3.2pp |
| Employer contribution / active EE | $2 | $2,430-99.9% | $3,631-100.0% | $2,111-99.9% |
| Participant deferral / active EE | $3,188 | $2,935+8.6% | $4,082-21.9% | $3,350-4.8% |
| Admin fee / account holder | $371 | $656-43.4% | $5,479-93.2% | $521-28.7% |