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| Provider | Service type | Compensation |
|---|---|---|
Filed as: PRINCIPAL LIFE INSURANCE CO Service code 13 · EIN 42-0127290 | Contract Administrator | $44,897 |
Filed as: LEUMI INVESTMENT SERVICES Service code 27 | Advisory (Plan) | $19,677 |
Service code 27 · EIN 13-4132289 | Advisory (Plan) | $0 |
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 | $55,767 | $64,919-14.1% | $392,568-85.8% | $65,186-14.4% |
| Participation rate | 94.1% | 72.0%+22.1pp | 78.1%+16.1pp | 70.2%+23.9pp |
| Annual return | 18.14% | 26.09%-8.0pp | 24.42%-6.3pp | 29.39%-11.2pp |
| Employer contribution / active EE | $2,335 | $2,374-1.6% | $3,783-38.3% | $2,177+7.3% |
| Participant deferral / active EE | $2,641 | $3,668-28.0% | $5,985-55.9% | $3,514-24.8% |
| Admin fee / account holder | $240 | $634-62.1% | $6,260-96.2% | $847-71.7% |