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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $107,433 |
Service code 49 · EIN 74-2794194 | Other Services | $15,919 |
NFP RETIREMENT INC1 year Filed as: NFP INSURANCE SERVICES INC Service code 49 · EIN 74-2470431 | Other Services | $10,103 |
LINCOLN NATIONAL CORPORATION4+ years Filed as: LINCOLN FINANCIAL ADVISORS CORPORAT Service code 49 · EIN 35-1151034 | Other Services | $5,354 |
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 | $199,173 | $73,102+172.5% | $123,553+61.2% | $56,289+253.8% |
| Participation rate | 99.1% | 74.3%+24.8pp | 82.3%+16.8pp | 69.9%+29.2pp |
| Annual return | -3.92% | 3.01%-6.9pp | 119.21%-123.1pp | -9.96%+6.0pp |
| Employer contribution / active EE | $6,217 | $2,977+108.8% | $4,628+34.3% | $2,111+194.5% |
| Participant deferral / active EE | $8,173 | $5,423+50.7% | $6,426+27.2% | $3,350+144.0% |
| Admin fee / account holder | $713 | $554+28.9% | $9,284-92.3% | $521+37.0% |