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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 711 HIGH ST. · DES MOINES, IA 503921200 | Contract Administrator | $48,602 |
SBHU LIFE AGENCY INC7 years Service code 49 | Other Services | $21,446 |
Filed as: TIGER'S EYE BENEFITS CONSULTING Service code 13 · EIN 52-1875589 147 W WASHINGTON STREET · HAGERSTOWN, MD 21740 | Contract Administrator | $8,760 |
SBHU LIFE AGENCY INC7 years Filed as: SBHU LIFE AGENCY Service code 49 · EIN 13-2896238 1 NEW YORK PLZ FL 12 · NEW YORK, NY 100041901 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,392 | $59,819+26.0% | $79,583-5.3% | $68,490+10.1% |
| Participation rate | 82.7% | 61.1%+21.6pp | 69.5%+13.2pp | 67.9%+14.8pp |
| Annual return | -15.48% | -12.30%-3.2pp | 0.16%-15.6pp | -7.85%-7.6pp |
| Employer contribution / active EE | $1,965 | $1,505+30.5% | $2,414-18.6% | $2,597-24.3% |
| Participant deferral / active EE | $4,868 | $3,025+60.9% | $3,986+22.1% | $4,028+20.9% |
| Admin fee / account holder | $470 | $4,835-90.3% | $6,835-93.1% | $5,403-91.3% |