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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $59,682 |
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 49 · EIN 95-2834236 | Other Services | $13,991 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,480 | $88,324-91.5% | $115,038-93.5% | $55,191-86.4% |
| Participation rate | 83.2% | 72.5%+10.6pp | 81.4%+1.8pp | 69.2%+14.0pp |
| Annual return | 18.30% | 6.30%+12.0pp | 26.14%-7.8pp | 10.78%+7.5pp |
| Employer contribution / active EE | $562 | $2,805-80.0% | $4,608-87.8% | $1,899-70.4% |
| Participant deferral / active EE | $2,531 | $5,042-49.8% | $6,026-58.0% | $3,046-16.9% |
| Admin fee / account holder | $99 | $105-5.9% | $8,175-98.8% | $91+9.2% |