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| Provider | Service type | Compensation |
|---|---|---|
Filed as: JENNINGS HAWLEY & CO Service code 10 · EIN 74-2442139 | Accounting | $9,000 |
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $1,997 |
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 | $38,316 | $71,192-46.2% | $117,861-67.5% | $62,293-38.5% |
| Participation rate | 86.9% | 74.2%+12.7pp | 79.7%+7.3pp | 69.5%+17.4pp |
| Annual return | 14.46% | 18.66%-4.2pp | 335.11%-320.6pp | 28.90%-14.4pp |
| Employer contribution / active EE | $2,543 | $1,934+31.5% | $3,786-32.8% | $2,042+24.5% |
| Participant deferral / active EE | $1,813 | $3,189-43.2% | $4,482-59.6% | $3,169-42.8% |
| Admin fee / account holder | $89 | $587-84.9% | $8,021-98.9% | $479-81.5% |