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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $63,257 |
Filed as: PRINCIPAL SECURITIES, INC. Service code 49 | Other Services | $15,138 |
BKD, LLP5+ years Filed as: DIXON HUGHES GOODMAN LLP Service code 49 · EIN 56-0747981 | Other Services | $7,568 |
Filed as: PRINCIPAL SECURITIES, INC Service code 49 · EIN 42-0941553 | Other Services | $0 |
WILSHIRE ASSOCIATES INCORPORATED5+ 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.)
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 | $144,677 | $52,953+173.2% | $172,739-16.2% | $65,185+122.0% |
| Participation rate | 100.0% | 66.2%+33.8pp | 82.6%+17.4pp | 70.2%+29.8pp |
| Annual return | 20.30% | 30.12%-9.8pp | 802.84%-782.5pp | 29.38%-9.1pp |
| Employer contribution / active EE | $6,244 | $2,190+185.1% | $5,143+21.4% | $2,177+186.9% |
| Participant deferral / active EE | $6,309 | $2,471+155.4% | $5,198+21.4% | $3,514+79.6% |
| Admin fee / account holder | $383 | $472-18.8% | $13,954-97.3% | $847-54.7% |