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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $127,135 |
MORNINGSTAR6 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $175,601 | $104,336+68.3% | $159,455+10.1% | $86,813+102.3% |
| Participation rate | 92.8% | 77.7%+15.1pp | 82.8%+10.0pp | 72.3%+20.5pp |
| Annual return | 16.78% | 26.32%-9.5pp | 263.63%-246.8pp | 97.93%-81.1pp |
| Employer contribution / active EE | $5,528 | $3,451+60.2% | $4,830+14.5% | $2,406+129.8% |
| Participant deferral / active EE | $9,179 | $6,837+34.2% | $7,353+24.8% | $4,131+122.2% |
| Admin fee / account holder | $167 | $172-2.9% | $10,800-98.5% | $170-1.3% |