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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $56,419 |
FINANCIAL COUNSELING1 year Filed as: FINANCIAL COUNSELING ASSOCIATES, IN Service code 27 · EIN 84-1220742 | Advisory (Plan) | $24,808 |
FULL FINANCIAL INC1 year Service code 27 · EIN 99-1634880 | Advisory (Plan) | $15,424 |
Service code 49 · EIN 36-4430093 | Other Services | $5,261 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $109,512 | $80,781+35.6% | $102,437+6.9% | $74,478+47.0% |
| Participation rate | 93.2% | 65.7%+27.5pp | 74.5%+18.7pp | 67.2%+26.0pp |
| Annual return | 15.66% | 27.58%-11.9pp | 24.95%-9.3pp | 1370.56%-1354.9pp |
| Employer contribution / active EE | $2,903 | $3,160-8.1% | $3,871-25.0% | $2,626+10.5% |
| Participant deferral / active EE | $5,590 | $3,862+44.7% | $5,060+10.5% | $4,350+28.5% |
| Admin fee / account holder | $540 | $2,372-77.2% | $8,388-93.6% | $1,946-72.2% |