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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $428,745 |
ERISA SERVICES, INC.3 years Service code 13 · EIN 62-1200951 | Contract Administrator | $148,461 |
Filed as: RAYMOND JAMES INS CO Service code 27 | Advisory (Plan) | $125,320 |
SMITH & HOWARD, PC1 year Filed as: SMITH & HOWARD PC Service code 10 · EIN 58-1250486 | Accounting | $15,000 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 | Advisory (Participants) | $0 |
Service code 27 · EIN 59-2937883 | Advisory (Plan) | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,325 | $53,236-61.8% | $86,233-76.4% | $103,975-80.5% |
| Participation rate | 95.4% | 34.4%+61.0pp | 69.0%+26.4pp | 72.5%+22.9pp |
| Annual return | 19.04% | 16.04%+3.0pp | 61.39%-42.4pp | 19.41%-0.4pp |
| Employer contribution / active EE | $537 | $1,362-60.5% | $2,504-78.5% | $3,722-85.6% |
| Participant deferral / active EE | $2,399 | $2,309+3.9% | $4,559-47.4% | $5,343-55.1% |
| Admin fee / account holder | $151 | $2,172-93.0% | $8,342-98.2% | $332-54.5% |