Filed April 25, 2019 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY7+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $197,776 |
Filed as: INSTITUTIONAL INVESTMENT Service code 16 · EIN 81-0635433 | Consulting | $16,500 |
EIDE BAILLY LLP6 years Service code 10 · EIN 45-0250958 | Accounting | $11,895 |
MORNINGSTAR6 years Filed as: MORNINGSTAR INVESTMENT MGMT LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,258 | $114,195-55.1% | $106,554-51.9% | $93,010-44.9% |
| Participation rate | 98.4% | 86.4%+12.0pp | 76.1%+22.3pp | 73.9%+24.5pp |
| Annual return | 12.66% | 22.18%-9.5pp | 26.80%-14.1pp | 158.70%-146.0pp |
| Employer contribution / active EE | $1,038 | $4,009-74.1% | $2,819-63.2% | $2,705-61.6% |
| Participant deferral / active EE | $4,445 | $5,908-24.8% | $4,398+1.1% | $4,561-2.5% |
| Admin fee / account holder | $109 | $105+4.3% | $7,408-98.5% | $152-28.0% |