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| Provider | Service type | Compensation |
|---|---|---|
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $51,616 |
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,056 |
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 | $243,791 | $95,406+155.5% | $185,849+31.2% | $85,847+184.0% |
| Participation rate | 93.4% | 68.8%+24.6pp | 81.7%+11.7pp | 69.3%+24.1pp |
| Annual return | 15.76% | 23.59%-7.8pp | 122.10%-106.3pp | 318.61%-302.8pp |
| Employer contribution / active EE | $681 | $3,314-79.4% | $5,169-86.8% | $2,565-73.4% |
| Participant deferral / active EE | $7,481 | $3,424+118.5% | $5,569+34.3% | $3,952+89.3% |
| Admin fee / account holder | $36 | $7,214-99.5% | $16,244-99.8% | $6,261-99.4% |