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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $87,256 |
TRUTINA FINANCIAL2 years Service code 27 · EIN 47-0099593 | Advisory (Plan) | $37,238 |
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 | $26,089 | $80,157-67.5% | $65,566-60.2% | $80,157-67.5% |
| Participation rate | 96.3% | 72.9%+23.4pp | 64.9%+31.4pp | 72.9%+23.4pp |
| Annual return | 15.87% | 40.39%-24.5pp | 47.40%-31.5pp | 40.39%-24.5pp |
| Employer contribution / active EE | $1,682 | $2,977-43.5% | $1,692-0.6% | $2,977-43.5% |
| Participant deferral / active EE | $1,957 | $5,015-61.0% | $2,832-30.9% | $5,015-61.0% |
| Admin fee / account holder | $113 | $145-22.2% | $4,114-97.3% | $145-22.2% |