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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $5,126 |
HIGGINBOTHAM INSURANCE AGENCY1+ years Filed as: HIGGINBOTHAM INSURANCE AGENCY INC Service code 49 · EIN 75-1732559 | Other Services | $4,855 |
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 49 · EIN 95-2834236 | Other Services | $3,231 |
FINANCIAL TELESIS1+ years Filed as: FINANCIAL TELESIS INC Service code 49 · EIN 68-0279977 | Other Services | $2,219 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $61,226 | $48,313+26.7% | $73,309-16.5% | $52,331+17.0% |
| Participation rate | 89.6% | 68.6%+21.0pp | 74.9%+14.7pp | 68.1%+21.5pp |
| Annual return | 1.15% | 3.85%-2.7pp | 5.67%-4.5pp | 4.54%-3.4pp |
| Employer contribution / active EE | $3,497 | $1,661+110.5% | $3,237+8.0% | $1,882+85.8% |
| Participant deferral / active EE | $7,034 | $4,189+67.9% | $4,991+40.9% | $3,022+132.7% |
| Admin fee / account holder | $26 | $404-93.5% | $5,635-99.5% | $592-95.6% |