Filed July 12, 2020 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $74,678 |
Filed as: CAPFINANCIAL PARTNERS,LL Service code 27 · EIN 26-0058143 | Advisory (Plan) | $42,000 |
MORNINGSTAR3 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $120,241 | $66,004+82.2% | $81,820+47.0% | $77,714+54.7% |
| Participation rate | 95.2% | 65.8%+29.4pp | 72.4%+22.8pp | 70.6%+24.6pp |
| Annual return | 14.84% | 26.65%-11.8pp | 777.93%-763.1pp | 31.26%-16.4pp |
| Employer contribution / active EE | $8,653 | $2,375+264.3% | $2,915+196.8% | $2,727+217.3% |
| Participant deferral / active EE | $10,146 | $3,508+189.2% | $4,323+134.7% | $4,649+118.2% |
| Admin fee / account holder | $244 | $527-53.8% | $7,391-96.7% | $433-43.8% |