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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $179,950 |
ALVAREZ & MARSAL TAXAND, LLC5 years Filed as: ALVAREZ & MARSAL TAXAND Service code 17 · EIN 56-2409465 | Pension Consulting | $24,947 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,761 | $52,523+30.9% | $117,533-41.5% | $77,906-11.7% |
| Participation rate | 51.6% | 61.6%-9.9pp | 70.6%-19.0pp | 73.7%-22.1pp |
| Annual return | -15.33% | -13.76%-1.6pp | 29.77%-45.1pp | 12.16%-27.5pp |
| Employer contribution / active EE | $1,444 | $2,166-33.3% | $4,179-65.4% | $2,846-49.3% |
| Participant deferral / active EE | $3,858 | $3,087+25.0% | $4,072-5.3% | $4,805-19.7% |
| Admin fee / account holder | $84 | $99-15.3% | $5,647-98.5% | $133-36.6% |