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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $229,619 |
FOCUS 401K GROUP, LLC5+ years Filed as: FOCUS 401(K) GROUP, LLC Service code 27 · EIN 47-1258840 | Advisory (Plan) | $102,564 |
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 | $47,963 | $44,794+7.1% | $90,336-46.9% | $77,775-38.3% |
| Participation rate | 82.2% | 66.6%+15.6pp | 73.3%+8.9pp | 73.2%+8.9pp |
| Annual return | 26.58% | 28.23%-1.6pp | 78.15%-51.6pp | 32.58%-6.0pp |
| Employer contribution / active EE | $507 | $1,809-72.0% | $2,856-82.3% | $2,504-79.8% |
| Participant deferral / active EE | $3,731 | $2,642+41.2% | $3,886-4.0% | $3,966-5.9% |
| Admin fee / account holder | $111 | $94+17.2% | $5,357-97.9% | $100+10.6% |