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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $85,432 |
401(K) ADVISORS INC8 years Service code 27 · EIN 33-0905143 | Advisory (Plan) | $61,849 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,972 | $79,045+101.1% | $100,378+58.4% | $74,429+113.6% |
| Participation rate | 94.4% | 79.4%+15.0pp | 81.5%+12.9pp | 67.2%+27.2pp |
| Annual return | 14.70% | 20.61%-5.9pp | 49.41%-34.7pp | 1368.38%-1353.7pp |
| Employer contribution / active EE | $3,175 | $3,015+5.3% | $3,942-19.5% | $2,625+21.0% |
| Participant deferral / active EE | $8,353 | $7,751+7.8% | $8,087+3.3% | $4,348+92.1% |
| Admin fee / account holder | $497 | $1,335-62.8% | $7,899-93.7% | $1,944-74.5% |