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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK6+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $41,535 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $38,777 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,861 | $104,479+11.9% | $159,474-26.7% | $79,391+47.2% |
| Participation rate | 99.1% | 76.6%+22.5pp | 82.8%+16.3pp | 70.7%+28.4pp |
| Annual return | 23.46% | 67.98%-44.5pp | 263.68%-240.2pp | 116.88%-93.4pp |
| Employer contribution / active EE | $1,729 | $3,417-49.4% | $4,831-64.2% | $2,428-28.8% |
| Participant deferral / active EE | $9,204 | $6,468+42.3% | $7,353+25.2% | $4,046+127.5% |
| Admin fee / account holder | $400 | $711-43.8% | $10,802-96.3% | $627-36.2% |