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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $38,838 |
Filed as: MERRILL LYNCH LIFE AGENCY INC Service code 49 · EIN 13-2808480 | Other Services | $13,609 |
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 | $38,499 | $35,485+8.5% | $74,551-48.4% | $55,725-30.9% |
| Participation rate | 92.1% | 62.5%+29.5pp | 69.1%+22.9pp | 70.9%+21.2pp |
| Annual return | -5.64% | 0.72%-6.4pp | 32.53%-38.2pp | 244.93%-250.6pp |
| Employer contribution / active EE | $515 | $777-33.8% | $1,961-73.7% | $2,078-75.2% |
| Participant deferral / active EE | $4,129 | $2,181+89.3% | $3,108+32.8% | $3,356+23.0% |
| Admin fee / account holder | $102 | $114-10.8% | $5,059-98.0% | $115-11.5% |