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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $6,065 |
WILSHIRE ASSOCIATES INCORPORATED5+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $34,361 | $66,601-48.4% | $92,903-63.0% | $67,579-49.2% |
| Participation rate | 81.7% | 72.5%+9.2pp | 76.0%+5.7pp | 71.3%+10.4pp |
| Annual return | 22.51% | 92.58%-70.1pp | 109.43%-86.9pp | 378.56%-356.0pp |
| Employer contribution / active EE | $126 | $2,775-95.4% | $3,653-96.5% | $2,148-94.1% |
| Participant deferral / active EE | $2,406 | $3,157-23.8% | $4,238-43.2% | $3,539-32.0% |
| Admin fee / account holder | $13 | $199-93.4% | $5,795-99.8% | $142-90.8% |