Filed April 6, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $71,337 |
Filed as: KESTRA ADVISORY SERVICES, LLC Service code 27 · EIN 35-2552359 | Advisory (Plan) | $36,143 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $57,881 | $75,419-23.3% | $392,568-85.3% | $67,582-14.4% |
| Participation rate | 57.5% | 74.8%-17.3pp | 78.1%-20.5pp | 71.3%-13.7pp |
| Annual return | 49.51% | 36.70%+12.8pp | 24.42%+25.1pp | 378.57%-329.1pp |
| Employer contribution / active EE | $2,837 | $2,636+7.6% | $3,783-25.0% | $2,148+32.1% |
| Participant deferral / active EE | $6,050 | $4,347+39.2% | $5,985+1.1% | $3,539+70.9% |
| Admin fee / account holder | $295 | $114+159.0% | $6,260-95.3% | $142+107.2% |