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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,760 |
WILSHIRE ASSOCIATES INCORPORATED1+ years Filed as: WILSHIRE ADVISORS LLC Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,633 | $90,064-19.4% | $100,415-27.7% | $77,762-6.6% |
| Participation rate | 28.7% | 81.3%-52.5pp | 81.5%-52.8pp | 70.6%-41.8pp |
| Annual return | 14.21% | 20.61%-6.4pp | 49.47%-35.3pp | 31.27%-17.1pp |
| Employer contribution / active EE | $0 | $3,043-100.0% | $3,943-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $3,807 | $8,282-54.0% | $8,091-53.0% | $4,651-18.2% |
| Admin fee / account holder | $160 | $172-6.8% | $7,906-98.0% | $433-63.0% |