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| Provider | Service type | Compensation |
|---|---|---|
FOCUS 401K GROUP, LLC1+ years Filed as: FOCUS 401(K) GROUP, LLC Service code 27 · EIN 47-1258840 | Advisory (Plan) | $64,527 |
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $50,891 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $37,705 | $38,925-3.1% | $73,837-48.9% | $55,191-31.7% |
| Participation rate | 67.2% | 66.0%+1.2pp | 73.4%-6.2pp | 69.2%-1.9pp |
| Annual return | 1.43% | 6.31%-4.9pp | 2268.13%-2266.7pp | 10.78%-9.3pp |
| Employer contribution / active EE | $399 | $1,695-76.4% | $2,788-85.7% | $1,899-79.0% |
| Participant deferral / active EE | $2,977 | $2,351+26.6% | $3,583-16.9% | $3,046-2.3% |
| Admin fee / account holder | $162 | $83+95.9% | $4,882-96.7% | $91+78.8% |