Filed April 13, 2020
Total covered: 41 employees
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $27,210 |
Filed as: MML INVESTORS SERVICES LLC Service code 49 · EIN 04-2746212 | Other Services | $24,700 |
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $4,623 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $117,954 | $64,909+81.7% | $82,312+43.3% | $62,293+89.4% |
| Participation rate | 99.1% | 74.9%+24.2pp | 76.9%+22.2pp | 69.5%+29.6pp |
| Annual return | 7.42% | 21.18%-13.8pp | 25.88%-18.5pp | 28.90%-21.5pp |
| Employer contribution / active EE | $2,026 | $1,676+20.9% | $2,428-16.6% | $2,042-0.8% |
| Participant deferral / active EE | $7,050 | $3,103+127.2% | $3,706+90.2% | $3,169+122.4% |
| Admin fee / account holder | $14 | $440-96.7% | $5,608-99.7% | $479-97.0% |