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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $223,827 |
MORNINGSTAR1+ years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $190,351 | $130,084+46.3% | $138,135+37.8% | $90,274+110.9% |
| Participation rate | 99.4% | 86.0%+13.4pp | 78.7%+20.7pp | 73.4%+26.0pp |
| Annual return | 13.72% | 14.63%-0.9pp | 20.51%-6.8pp | 53.97%-40.3pp |
| Employer contribution / active EE | $18,189 | $5,865+210.1% | $5,587+225.6% | $2,523+620.8% |
| Participant deferral / active EE | $12,570 | $7,099+77.1% | $6,431+95.5% | $4,231+197.1% |
| Admin fee / account holder | $92 | $187-50.4% | $11,856-99.2% | $114-18.9% |