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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $120,979 |
Filed as: KESTRA INVESTMENT SERVICES, LLC Service code 27 | Advisory (Plan) | $61,632 |
CHERRY BEKAERT LLP4 years Service code 10 · EIN 56-0574444 | Accounting | $24,500 |
Service code 13 · EIN 13-3601506 4114 LEGATO ROAD, SUITE 300 · FAIRFAX, VA 22033 | Contract Administrator | $22,896 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $208,901 | $99,957+109.0% | $149,696+39.6% | $73,488+184.3% |
| Participation rate | 100.0% | 75.7%+24.3pp | 82.5%+17.5pp | 70.7%+29.3pp |
| Annual return | 12.92% | 53.87%-40.9pp | 276.60%-263.7pp | 28.51%-15.6pp |
| Employer contribution / active EE | $13,727 | $3,191+330.2% | $4,644+195.6% | $2,270+504.7% |
| Participant deferral / active EE | $12,901 | $6,073+112.4% | $6,842+88.6% | $3,740+245.0% |
| Admin fee / account holder | $637 | $551+15.6% | $9,309-93.2% | $513+24.1% |