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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $105,774 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $127 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $138,204 | $80,781+71.1% | $102,437+34.9% | $74,478+85.6% |
| Participation rate | 96.2% | 65.7%+30.5pp | 74.5%+21.7pp | 67.2%+29.0pp |
| Annual return | 11.33% | 27.58%-16.2pp | 24.95%-13.6pp | 1370.56%-1359.2pp |
| Employer contribution / active EE | $1,515 | $3,160-52.0% | $3,871-60.8% | $2,626-42.3% |
| Participant deferral / active EE | $8,059 | $3,862+108.7% | $5,060+59.3% | $4,350+85.3% |
| Admin fee / account holder | $662 | $2,372-72.1% | $8,388-92.1% | $1,946-66.0% |