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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $83,627 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $61,243 |
N.A. FALCONE & ASSOCIATES, INC.2+ years Service code 13 · EIN 23-2773128 | Contract Administrator | $21,958 |
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT INC. Service code 27 · EIN 33-0905143 | Advisory (Plan) | $5,000 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $171,039 | $56,511+202.7% | $185,837-8.0% | $86,813+97.0% |
| Participation rate | 91.5% | 65.5%+26.0pp | 81.7%+9.8pp | 72.3%+19.2pp |
| Annual return | 11.71% | 118.12%-106.4pp | 122.08%-110.4pp | 97.93%-86.2pp |
| Employer contribution / active EE | $9,552 | $1,844+418.1% | $5,168+84.8% | $2,406+297.0% |
| Participant deferral / active EE | $6,552 | $2,554+156.5% | $5,568+17.7% | $4,131+58.6% |
| Admin fee / account holder | $426 | $150+185.0% | $16,241-97.4% | $170+151.5% |