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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $155,180 |
FOCUS 401K GROUP, LLC3+ years Filed as: FOCUS 401(K) GROUP, LLC Service code 27 · EIN 47-1258840 | Advisory (Plan) | $86,833 |
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 | $50,513 | $41,256+22.4% | $86,593-41.7% | $77,958-35.2% |
| Participation rate | 80.9% | 63.0%+17.9pp | 73.5%+7.4pp | 71.6%+9.3pp |
| Annual return | 17.81% | 17.67%+0.1pp | 965.08%-947.3pp | 20.87%-3.1pp |
| Employer contribution / active EE | $470 | $1,613-70.8% | $2,840-83.4% | $2,310-79.7% |
| Participant deferral / active EE | $3,191 | $2,332+36.8% | $3,609-11.6% | $3,537-9.8% |
| Admin fee / account holder | $102 | $71+43.8% | $4,904-97.9% | $97+4.5% |