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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY8+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $116,221 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $45,000 |
THE BENEFIT PRACTICE4 years Service code 13 · EIN 13-4144565 | Contract Administrator | $26,636 |
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 | $95,131 | $82,188+15.7% | $125,391-24.1% | $64,824+46.8% |
| Participation rate | 99.2% | 77.9%+21.3pp | 82.4%+16.8pp | 71.5%+27.7pp |
| Annual return | -13.82% | 3.50%-17.3pp | 572.41%-586.2pp | 32.84%-46.7pp |
| Employer contribution / active EE | $3,577 | $3,617-1.1% | $4,816-25.7% | $2,507+42.7% |
| Participant deferral / active EE | $10,711 | $7,177+49.2% | $7,448+43.8% | $4,311+148.4% |
| Admin fee / account holder | $183 | $163+12.1% | $10,009-98.2% | $188-2.5% |