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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $349,439 |
Filed as: RAYMOND JAMES INS CO Service code 27 | Advisory (Plan) | $111,972 |
ERISA SERVICES, INC.2 years Service code 13 · EIN 62-1200951 | Contract Administrator | $109,606 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
MORNINGSTAR1 year 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 | $17,276 | $45,022-61.6% | $85,240-79.7% | $200,096-91.4% |
| Participation rate | 94.6% | 45.8%+48.7pp | 67.5%+27.0pp | 72.0%+22.5pp |
| Annual return | 12.15% | 21.00%-8.8pp | 66.75%-54.6pp | 34.26%-22.1pp |
| Employer contribution / active EE | $437 | $1,374-68.2% | $2,735-84.0% | $3,038-85.6% |
| Participant deferral / active EE | $2,170 | $2,682-19.1% | $4,527-52.1% | $5,090-57.4% |
| Admin fee / account holder | $130 | $585-77.8% | $6,165-97.9% | $269-51.7% |