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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,062 |
Filed as: CBIZ FINANCIAL SOL. INC Service code 27 · EIN 52-1396995 | Advisory (Plan) | $22,728 |
Filed as: CBIZ INVESTMENT ADVISORY SERVICES, Service code 27 · EIN 81-3968784 | Advisory (Plan) | $7,929 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $142,525 | $99,957+42.6% | $149,730-4.8% | $73,493+93.9% |
| Participation rate | 91.4% | 75.7%+15.7pp | 82.5%+8.9pp | 70.7%+20.7pp |
| Annual return | 19.19% | 53.87%-34.7pp | 276.70%-257.5pp | 28.51%-9.3pp |
| Employer contribution / active EE | $2,272 | $3,191-28.8% | $4,645-51.1% | $2,270+0.1% |
| Participant deferral / active EE | $7,278 | $6,073+19.9% | $6,843+6.4% | $3,740+94.6% |
| Admin fee / account holder | $413 | $551-25.0% | $9,310-95.6% | $513-19.5% |