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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 41-0127290 | Contract Administrator | $48,835 |
STRONG TOWER ADVISORY SERVICES3+ years Service code 27 · EIN 86-3753384 | Advisory (Plan) | $20,208 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,713 | $79,209-39.8% | $102,434-53.4% | $74,459-35.9% |
| Participation rate | 100.0% | 74.8%+25.2pp | 76.5%+23.5pp | 67.2%+32.8pp |
| Annual return | 22.52% | 54.98%-32.5pp | 29.46%-6.9pp | 1369.70%-1347.2pp |
| Employer contribution / active EE | $3,184 | $2,362+34.8% | $3,023+5.3% | $2,626+21.2% |
| Participant deferral / active EE | $8,110 | $4,417+83.6% | $5,055+60.4% | $4,350+86.5% |
| Admin fee / account holder | $440 | $2,002-78.0% | $9,462-95.4% | $1,945-77.4% |