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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $101,578 |
RBC WEALTH MANAGEMENT5 years Service code 16 · EIN 41-1416330 | Consulting | $24,500 |
DOEREN MAYHEW1 year Filed as: DOEREN MAYHEW ASSURANCE Service code 49 · EIN 38-2492570 | Other Services | $15,500 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,303 | $89,093+30.5% | $102,434+13.5% | $77,736+49.6% |
| Participation rate | 98.1% | 80.9%+17.2pp | 76.5%+21.6pp | 70.6%+27.6pp |
| Annual return | 15.58% | 25.03%-9.5pp | 29.46%-13.9pp | 31.26%-15.7pp |
| Employer contribution / active EE | $7,867 | $2,699+191.5% | $3,023+160.2% | $2,728+188.4% |
| Participant deferral / active EE | $9,149 | $5,147+77.8% | $5,055+81.0% | $4,651+96.7% |
| Admin fee / account holder | $170 | $236-27.9% | $9,462-98.2% | $433-60.7% |