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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $60,258 |
STRATEGIES WEALTH ADVISORS2+ years Service code 27 · EIN 46-1428191 | Advisory (Plan) | $35,216 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,026 | $89,248-57.4% | $136,007-72.0% | $74,546-49.0% |
| Participation rate | 76.6% | 69.4%+7.2pp | 76.5%+0.2pp | 67.2%+9.4pp |
| Annual return | 8.93% | 22.76%-13.8pp | 579.32%-570.4pp | 1366.03%-1357.1pp |
| Employer contribution / active EE | $1,905 | $2,838-32.9% | $4,215-54.8% | $2,624-27.4% |
| Participant deferral / active EE | $3,753 | $4,598-18.4% | $7,024-46.6% | $4,347-13.7% |
| Admin fee / account holder | $360 | $1,545-76.7% | $6,858-94.8% | $1,944-81.5% |