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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $317,228 |
Filed as: FOCUS HOLDINGS USA, INC. Service code 27 · EIN 47-1258840 | Advisory (Plan) | $153,587 |
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 | $40,094 | $43,236-7.3% | $82,768-51.6% | $77,906-48.5% |
| Participation rate | 89.6% | 64.2%+25.4pp | 72.6%+17.1pp | 73.7%+15.9pp |
| Annual return | -9.39% | 2.40%-11.8pp | 702.70%-712.1pp | 12.16%-21.5pp |
| Employer contribution / active EE | $631 | $1,924-67.2% | $3,008-79.0% | $2,846-77.8% |
| Participant deferral / active EE | $4,681 | $3,069+52.5% | $4,395+6.5% | $4,805-2.6% |
| Admin fee / account holder | $98 | $102-4.3% | $5,326-98.2% | $133-26.0% |