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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $96,412 |
NFP RETIREMENT INC1+ years Filed as: NFP ADVISOR SERVICES LLC Service code 27 · EIN 74-2794194 | Advisory (Plan) | $69,353 |
FINANCIAL TELESIS1+ years Service code 27 · EIN 68-0279977 | Advisory (Plan) | $5,820 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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).
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 | $141,181 | $70,002+101.7% | $115,038+22.7% | $52,331+169.8% |
| Participation rate | 97.3% | 72.1%+25.2pp | 81.4%+15.9pp | 68.1%+29.2pp |
| Annual return | 1.37% | 4.04%-2.7pp | 26.14%-24.8pp | 4.54%-3.2pp |
| Employer contribution / active EE | $15,502 | $2,715+471.0% | $4,608+236.4% | $1,882+723.8% |
| Participant deferral / active EE | $9,883 | $4,920+100.9% | $6,026+64.0% | $3,022+227.0% |
| Admin fee / account holder | $564 | $566-0.4% | $8,175-93.1% | $592-4.7% |