Filed December 2, 2024 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY4+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $267,098 |
MCSOLEY MCCOY & CO1 year Filed as: MCSOLEY MCCOY & COMPANY Service code 10 · EIN 03-0327374 | Accounting | $6,175 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $48,067 | $56,443-14.8% | $83,831-42.7% | $55,727-13.7% |
| Participation rate | 38.7% | 72.0%-33.3pp | 76.1%-37.4pp | 70.9%-32.2pp |
| Annual return | -4.66% | 393.67%-398.3pp | 850.99%-855.6pp | 244.94%-249.6pp |
| Employer contribution / active EE | $4,691 | $2,682+74.9% | $3,631+29.2% | $2,078+125.7% |
| Participant deferral / active EE | $4,904 | $2,965+65.4% | $4,082+20.1% | $3,356+46.1% |
| Admin fee / account holder | $128 | $156-18.0% | $5,479-97.7% | $115+11.2% |