Filed April 25, 2019 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY2+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $139,313 |
EIDE BAILLY LLP1 year Service code 10 · EIN 45-0250958 | Accounting | $10,985 |
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $6,850 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-2923857 | Advisory (Participants) | $0 |
Employer contribution per participant 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 | $35,475 | $82,279-56.9% | $78,002-54.5% | $63,975-44.5% |
| Participation rate | 98.4% | 84.7%+13.7pp | 75.5%+22.9pp | 71.1%+27.2pp |
| Annual return | 7.29% | 11.20%-3.9pp | 425.99%-418.7pp | 48.65%-41.4pp |
| Employer contribution / active EE | $20 | $3,297-99.4% | $2,470-99.2% | $2,182-99.1% |
| Participant deferral / active EE | $3,270 | $4,538-28.0% | $3,497-6.5% | $3,356-2.6% |
| Admin fee / account holder | $83 | $81+1.7% | $5,481-98.5% | $70+17.5% |