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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK7+ years Service code 27 · EIN 04-2675571 | Advisory (Plan) | $45,325 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,469 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,648 | $84,493+12.0% | $125,381-24.5% | $66,938+41.4% |
| Participation rate | 96.7% | 76.4%+20.3pp | 82.4%+14.4pp | 69.8%+26.9pp |
| Annual return | -16.41% | -8.49%-7.9pp | 572.31%-588.7pp | 1.58%-18.0pp |
| Employer contribution / active EE | $2,506 | $3,554-29.5% | $4,815-48.0% | $2,545-1.5% |
| Participant deferral / active EE | $8,911 | $6,783+31.4% | $7,448+19.6% | $4,238+110.3% |
| Admin fee / account holder | $371 | $685-45.8% | $10,007-96.3% | $594-37.5% |