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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $57,949 |
KOVITZ INVESTMENT GROUP1 year Filed as: KOVITZ INVESTMENT GROUP PARTNERS, L Service code 27 · EIN 47-5657416 | Advisory (Plan) | $12,295 |
INSTITUTIONAL INVESTMENT CONSULTING11+ years Filed as: INSTITUTIONAL AND FAMILY ASSET MGMT Service code 27 · EIN 47-2600132 | Advisory (Plan) | $12,000 |
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 | $69,255 | $85,515-19.0% | $112,040-38.2% | $67,986+1.9% |
| Participation rate | 79.3% | 68.2%+11.1pp | 76.5%+2.8pp | 57.2%+22.1pp |
| Annual return | 13.71% | 29.68%-16.0pp | 24.52%-10.8pp | 31.67%-18.0pp |
| Employer contribution / active EE | $1,996 | $2,191-8.9% | $2,954-32.4% | $2,019-1.1% |
| Participant deferral / active EE | $3,021 | $4,014-24.7% | $5,098-40.7% | $3,358-10.0% |
| Admin fee / account holder | $369 | $3,774-90.2% | $12,098-96.9% | $3,203-88.5% |