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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $20,720 |
WILSHIRE ASSOCIATES INCORPORATED4+ years Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,537 | $44,873-20.8% | $79,467-55.3% | $56,289-36.9% |
| Participation rate | 64.0% | 68.7%-4.7pp | 73.3%-9.3pp | 69.9%-5.8pp |
| Annual return | -7.81% | 0.81%-8.6pp | 718.30%-726.1pp | -9.96%+2.1pp |
| Employer contribution / active EE | $357 | $2,140-83.3% | $2,800-87.2% | $2,111-83.1% |
| Participant deferral / active EE | $2,646 | $2,746-3.6% | $3,704-28.6% | $3,350-21.0% |
| Admin fee / account holder | $171 | $418-59.1% | $5,104-96.6% | $521-67.1% |