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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $130,561 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $69,724 |
CHERRY BEKAERT LLP1 year Service code 10 · EIN 56-0574444 | Accounting | $14,000 |
Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 49 · EIN 74-2794194 | Other Services | $12,719 |
Service code 13 · EIN 13-3601506 4114 LEGATO ROAD, SUITE 300 · FAIRFAX, VA 22033 | Contract Administrator | $12,353 |
Filed as: WILSHIRE ASSOCIATES, INC. 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.)
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 | $191,747 | $80,753+137.4% | $136,298+40.7% | $62,293+207.8% |
| Participation rate | 97.5% | 73.5%+24.0pp | 81.9%+15.6pp | 69.5%+28.0pp |
| Annual return | 16.04% | 35.83%-19.8pp | 5156.27%-5140.2pp | 28.90%-12.9pp |
| Employer contribution / active EE | $16,408 | $2,884+469.0% | $4,696+249.4% | $2,042+703.5% |
| Participant deferral / active EE | $11,558 | $5,164+123.8% | $6,247+85.0% | $3,169+264.7% |
| Admin fee / account holder | $782 | $525+48.8% | $9,244-91.5% | $479+63.1% |