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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY11+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $63,811 |
FULL FINANCIAL INC2 years Service code 27 · EIN 99-1634880 | Advisory (Plan) | $46,456 |
Service code 49 · EIN 36-4430093 | Other Services | $7,932 |
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 | $116,143 | $83,369+39.3% | $105,223+10.4% | $67,986+70.8% |
| Participation rate | 89.4% | 56.3%+33.1pp | 75.0%+14.3pp | 57.2%+32.2pp |
| Annual return | 14.02% | 24.64%-10.6pp | 180.65%-166.6pp | 31.67%-17.6pp |
| Employer contribution / active EE | $2,995 | $2,541+17.9% | $3,689-18.8% | $2,019+48.4% |
| Participant deferral / active EE | $5,529 | $3,295+67.8% | $5,072+9.0% | $3,358+64.7% |
| Admin fee / account holder | $549 | $4,073-86.5% | $8,859-93.8% | $3,203-82.9% |