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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $31,844 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $12,293 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $38,237 | $48,064-20.4% | $78,778-51.5% | $69,631-45.1% |
| Participation rate | 92.5% | 61.6%+30.9pp | 69.2%+23.3pp | 70.7%+21.8pp |
| Annual return | 16.95% | 21.81%-4.9pp | 35.62%-18.7pp | 27571.02%-27554.1pp |
| Employer contribution / active EE | $581 | $744-21.8% | $1,986-70.7% | $2,032-71.4% |
| Participant deferral / active EE | $3,943 | $2,079+89.6% | $2,958+33.3% | $3,224+22.3% |
| Admin fee / account holder | $79 | $152-47.9% | $5,134-98.5% | $110-28.3% |