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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $35,230 |
COMMONWEALTH FINANCIAL NETWORK5+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $33,284 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $90,870 | $99,957-9.1% | $149,745-39.3% | $73,497+23.6% |
| Participation rate | 100.0% | 75.7%+24.3pp | 82.5%+17.5pp | 70.7%+29.3pp |
| Annual return | 8.68% | 53.87%-45.2pp | 276.72%-268.0pp | 28.51%-19.8pp |
| Employer contribution / active EE | $1,463 | $3,191-54.2% | $4,646-68.5% | $2,270-35.6% |
| Participant deferral / active EE | $8,051 | $6,073+32.6% | $6,843+17.7% | $3,740+115.3% |
| Admin fee / account holder | $351 | $551-36.2% | $9,312-96.2% | $513-31.5% |