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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $22,418 |
Filed as: NATIONAL BENEFIT SERVICES LLC Service code 13 · EIN 20-3886993 | Contract Administrator | $11,312 |
WEALTH NAVIGATION LLC1 year Filed as: WEALTH NAVIGATION ADVISORS Service code 27 · EIN 72-1547273 | Advisory (Plan) | $8,630 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,806 | $45,022-53.8% | $85,126-75.6% | $77,714-73.2% |
| Participation rate | 21.7% | 48.7%-27.0pp | 67.5%-45.8pp | 70.6%-48.9pp |
| Annual return | 40.58% | 79.38%-38.8pp | 66.63%-26.1pp | 31.26%+9.3pp |
| Employer contribution / active EE | $686 | $1,610-57.4% | $2,731-74.9% | $2,727-74.8% |
| Participant deferral / active EE | $1,128 | $2,811-59.9% | $4,523-75.1% | $4,649-75.7% |
| Admin fee / account holder | $373 | $913-59.2% | $6,160-93.9% | $433-13.9% |