Filed April 25, 2019 (most recent of 2 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $196,091 |
Service code 16 · EIN 81-0635433 | Consulting | $19,905 |
EIDE BAILLY LLP6 years Filed as: EIDEBAILLY LLP Service code 10 · EIN 45-0250958 | Accounting | $17,718 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L 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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,286 | $104,631-56.7% | $98,462-54.0% | $80,187-43.5% |
| Participation rate | 99.1% | 87.5%+11.6pp | 75.2%+24.0pp | 72.9%+26.2pp |
| Annual return | 15.43% | 34.72%-19.3pp | 21.20%-5.8pp | 40.40%-25.0pp |
| Employer contribution / active EE | $1,121 | $4,517-75.2% | $3,049-63.2% | $2,980-62.4% |
| Participant deferral / active EE | $4,283 | $6,545-34.6% | $4,738-9.6% | $5,016-14.6% |
| Admin fee / account holder | $105 | $105+0.2% | $8,875-98.8% | $145-27.6% |