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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $47,543 |
PRINCIPAL LIFE INSURANCE COMPANY6+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $2,746 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $189,051 | $58,895+221.0% | $178,503+5.9% | $73,497+157.2% |
| Participation rate | 97.1% | 66.2%+30.9pp | 81.9%+15.2pp | 70.7%+26.4pp |
| Annual return | 16.54% | 24.86%-8.3pp | 151.12%-134.6pp | 28.51%-12.0pp |
| Employer contribution / active EE | $6,417 | $2,236+187.0% | $5,011+28.1% | $2,270+182.7% |
| Participant deferral / active EE | $6,785 | $2,567+164.3% | $5,202+30.4% | $3,740+81.4% |
| Admin fee / account holder | $22 | $400-94.6% | $13,987-99.8% | $513-95.8% |